UNITED WAY OF HOWARD COUNTY INC

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,368,434
Contributions
65%
Government Grants
34%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$1,564,880
Salaries & Benefits
26%
Other
22%
Grants
22%
Offices, Occupancy & IT
13%
Fees to Service Providers
12%
Advertising & Promotion
5%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$978,297
$887,301
-9%
Government Grants
$0
$468,169
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$16,724
$12,964
-22%
Other
$166,146
$0
-100%
Total Revenues
$1,161,167
$1,368,434
+18%
Expenses
2023
2024
Change
Grants
$66,966
$338,845
+406%
Benefits to Members
$0
$0
-
Salaries & Benefits
$422,454
$409,766
-3%
Fees to Service Providers
$113,128
$186,141
+65%
Advertising & Promotion
$7,227
$72,651
+905%
Offices, Occupancy & IT
$150,090
$201,644
+34%
Interest
$0
$0
-
Depreciation
$0
$5,028
-
Other
$163,789
$350,805
+114%
Total Expenses
$923,654
$1,564,880
+69%
Net income
2023
2024
Change
Net income
+$237,513
-$196,446
-183%
Functional Expenses
Summary
2023
2024
Change
Program
$750,062
$1,317,271
+76%
Admin
$169,342
$244,689
+44%
Fundraising
$4,250
$2,920
-31%
Total Expenses
$923,654
$1,564,880
+69%
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