BLOC MINISTRIES INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$5,328,180
Contributions
83%
Government Grants
10%
Other
5%
Investments
1%
Fundraising Events
<1%
Program Services
<1%
Membership Dues
0%
Expenses in 2024
$4,026,088
Salaries & Benefits
55%
Offices, Occupancy & IT
20%
Other
16%
Depreciation
5%
Fees to Service Providers
3%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$4,223,112
$4,410,625
+4%
Government Grants
$238,665
$518,407
+117%
Fundraising Events
$0
$32,500
-
Program Services
$0
$9,745
-
Membership Dues
$0
$0
-
Investments
$9
$79,863
+887267%
Other
$437,671
$277,040
-37%
Total Revenues
$4,899,457
$5,328,180
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,954,510
$2,219,182
+14%
Fees to Service Providers
$50,160
$119,688
+139%
Advertising & Promotion
$118,973
$22,899
-81%
Offices, Occupancy & IT
$816,021
$807,950
-1%
Interest
$0
$17,239
-
Depreciation
$164,404
$181,430
+10%
Other
$563,399
$657,700
+17%
Total Expenses
$3,667,467
$4,026,088
+10%
Net income
2023
2024
Change
Net income
+$1,231,990
+$1,302,092
+6%
Functional Expenses
Summary
2023
2024
Change
Program
$2,962,415
$3,218,756
+9%
Admin
$424,681
$564,283
+33%
Fundraising
$280,372
$243,049
-13%
Total Expenses
$3,667,467
$4,026,088
+10%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)