GLEANERS FOOD BANK OF INDIANA INC
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$166,576,410
Contributions
93%
Government Grants
2%
Other
2%
Fundraising Events
1%
Program Services
1%
Investments
<1%
Membership Dues
0%
Expenses in 2024
$159,618,635
Grants
79%
Salaries & Benefits
9%
Other
8%
Offices, Occupancy & IT
2%
Depreciation
1%
Advertising & Promotion
<1%
Fees to Service Providers
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$168,036,613
$155,116,775
-8%
Government Grants
$2,775,115
$3,954,888
+43%
Fundraising Events
$0
$1,824,022
-
Program Services
$6,341,503
$1,808,032
-71%
Membership Dues
$0
$0
-
Investments
$231,561
$889,392
+284%
Other
$10,013,167
$2,983,301
-70%
Total Revenues
$187,397,959
$166,576,410
-11%
Expenses
2023
2024
Change
Grants
$139,466,663
$126,382,119
-9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,748,824
$14,382,041
+22%
Fees to Service Providers
$1,012,717
$123,900
-88%
Advertising & Promotion
$0
$614,769
-
Offices, Occupancy & IT
$2,377,216
$2,880,475
+21%
Interest
$0
$0
-
Depreciation
$1,533,474
$1,826,170
+19%
Other
$27,034,036
$13,409,161
-50%
Total Expenses
$183,172,930
$159,618,635
-13%
Net income
2023
2024
Change
Net income
+$4,225,029
+$6,957,775
+65%
Functional Expenses
Summary
2023
2024
Change
Program
$178,219,087
$154,708,698
-13%
Admin
$3,148,260
$2,241,379
-29%
Fundraising
$1,805,583
$2,668,558
+48%
Total Expenses
$183,172,930
$159,618,635
-13%
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