RURAL ACTION INC

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$12,796,752
Government Grants
61%
Contributions
25%
Fundraising Events
9%
Other
4%
Program Services
<1%
Investments
<1%
Membership Dues
<1%
Expenses in 2024
$11,415,459
Salaries & Benefits
49%
Grants
28%
Fees to Service Providers
13%
Other
7%
Offices, Occupancy & IT
2%
Depreciation
<1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,071,793
$3,152,505
+52%
Government Grants
$4,214,440
$7,836,284
+86%
Fundraising Events
$362,191
$1,148,228
+217%
Program Services
$87,402
$96,504
+10%
Membership Dues
$4,884
$5,520
+13%
Investments
$22,192
$37,434
+69%
Other
$257,326
$520,277
+102%
Total Revenues
$7,020,228
$12,796,752
+82%
Expenses
2023
2024
Change
Grants
$1,239,769
$3,190,461
+157%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,318,480
$5,599,368
+30%
Fees to Service Providers
$508,046
$1,506,148
+196%
Advertising & Promotion
$9,391
$2,690
-71%
Offices, Occupancy & IT
$172,322
$179,872
+4%
Interest
$45,533
$87,324
+92%
Depreciation
$83,686
$105,788
+26%
Other
$804,368
$743,808
-8%
Total Expenses
$7,181,595
$11,415,459
+59%
Net income
2023
2024
Change
Net income
-$161,367
+$1,381,293
-956%
Functional Expenses
Summary
2023
2024
Change
Program
$5,787,208
$9,294,239
+61%
Admin
$1,303,374
$1,787,106
+37%
Fundraising
$91,013
$334,114
+267%
Total Expenses
$7,181,595
$11,415,459
+59%
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