OHIO ASSOCIATION OF FOODBANKS INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$73,400,208
Government Grants
96%
Contributions
2%
Investments
1%
Other
<1%
Membership Dues
<1%
Fundraising Events
0%
Program Services
0%
Expenses in 2024
$69,130,041
Grants
91%
Other
4%
Salaries & Benefits
4%
Fees to Service Providers
1%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$964,106
$1,316,840
+37%
Government Grants
$59,112,797
$70,506,184
+19%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$245,497
$245,497
+0%
Investments
$166,758
$976,479
+486%
Other
$456,533
$355,208
-22%
Total Revenues
$60,945,691
$73,400,208
+20%
Expenses
2023
2024
Change
Grants
$48,625,400
$62,857,669
+29%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,282,771
$2,435,194
+7%
Fees to Service Providers
$439,156
$734,230
+67%
Advertising & Promotion
$375,696
$282,707
-25%
Offices, Occupancy & IT
$160,045
$145,885
-9%
Interest
$1,967
$24,593
+1150%
Depreciation
$2,583
$3,162
+22%
Other
$7,903,094
$2,646,601
-67%
Total Expenses
$59,790,712
$69,130,041
+16%
Net income
2023
2024
Change
Net income
+$1,154,979
+$4,270,167
+270%
Functional Expenses
Summary
2023
2024
Change
Program
$58,233,171
$66,871,728
+15%
Admin
$1,557,541
$2,258,313
+45%
Fundraising
$0
$0
-
Total Expenses
$59,790,712
$69,130,041
+16%
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