MINISTRY OF HOPE INC

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$563,880
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$516,649
Other
94%
Fees to Service Providers
4%
Offices, Occupancy & IT
3%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$464,064
$562,755
+21%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$7
$1,125
+15971%
Other
$0
$0
-
Total Revenues
$464,071
$563,880
+22%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$22,979
$18,376
-20%
Advertising & Promotion
$4,597
$0
-100%
Offices, Occupancy & IT
$6,895
$13,451
+95%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$464,697
$484,822
+4%
Total Expenses
$499,168
$516,649
+4%
Net income
2023
2024
Change
Net income
-$35,097
+$47,231
-235%
Functional Expenses
Summary
2023
2024
Change
Program
$464,142
$483,622
+4%
Admin
$24,300
$20,546
-15%
Fundraising
$10,726
$12,481
+16%
Total Expenses
$499,168
$516,649
+4%
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