LIFE CONNECTION MINISTRIES INC

Income Statement
Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$172,946
Other
53%
Contributions
47%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$153,263
Other
84%
Fees to Service Providers
9%
Offices, Occupancy & IT
5%
Advertising & Promotion
3%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$46,662
$82,084
+76%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$79,512
$90,862
+14%
Total Revenues
$126,174
$172,946
+37%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$16,000
$13,071
-18%
Advertising & Promotion
$1,828
$4,530
+148%
Offices, Occupancy & IT
$8,648
$7,309
-15%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$97,780
$128,353
+31%
Total Expenses
$124,256
$153,263
+23%
Net income
2023
2024
Change
Net income
+$1,918
+$19,683
+926%
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