AKRON-CANTON REGIONAL FOODBANK
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$65,707,868
Contributions
92%
Program Services
4%
Government Grants
3%
Investments
<1%
Other
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$64,547,392
Other
78%
Salaries & Benefits
12%
Offices, Occupancy & IT
4%
Grants
3%
Depreciation
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$58,106,345
$60,503,445
+4%
Government Grants
$1,536,484
$2,042,578
+33%
Fundraising Events
$98,039
$166,066
+69%
Program Services
$1,954,669
$2,474,601
+27%
Membership Dues
$0
$0
-
Investments
$166,182
$280,774
+69%
Other
$182,985
$240,404
+31%
Total Revenues
$62,044,704
$65,707,868
+6%
Expenses
2023
2024
Change
Grants
$2,016,324
$1,972,161
-2%
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,562,407
$8,014,906
+6%
Fees to Service Providers
$377,381
$348,261
-8%
Advertising & Promotion
$142,817
$144,269
+1%
Offices, Occupancy & IT
$2,730,523
$2,846,126
+4%
Interest
$0
$0
-
Depreciation
$737,314
$909,200
+23%
Other
$46,056,422
$50,312,469
+9%
Total Expenses
$59,623,188
$64,547,392
+8%
Net income
2023
2024
Change
Net income
+$2,421,516
+$1,160,476
-52%
Functional Expenses
Summary
2023
2024
Change
Program
$55,123,519
$59,437,327
+8%
Admin
$1,836,573
$2,131,362
+16%
Fundraising
$2,663,096
$2,978,703
+12%
Total Expenses
$59,623,188
$64,547,392
+8%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)