FIRST STEP HOUSING
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$7,968,910
Government Grants
98%
Contributions
1%
Program Services
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$8,024,463
Salaries & Benefits
72%
Grants
11%
Other
10%
Fees to Service Providers
3%
Offices, Occupancy & IT
3%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$252,533
$111,763
-56%
Government Grants
$6,832,903
$7,831,818
+15%
Fundraising Events
$0
$0
-
Program Services
$17,384
$25,320
+46%
Membership Dues
$0
$0
-
Investments
$9
$9
+0%
Other
$0
$0
-
Total Revenues
$7,102,829
$7,968,910
+12%
Expenses
2023
2024
Change
Grants
$611,222
$891,692
+46%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,421,246
$5,787,288
+31%
Fees to Service Providers
$229,529
$259,777
+13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$29,717
$244,605
+723%
Interest
$0
$0
-
Depreciation
$4,667
$8,324
+78%
Other
$1,281,297
$832,777
-35%
Total Expenses
$6,577,678
$8,024,463
+22%
Net income
2023
2024
Change
Net income
+$525,151
-$55,553
-111%
Functional Expenses
Summary
2023
2024
Change
Program
$6,306,842
$7,207,964
+14%
Admin
$270,836
$816,499
+201%
Fundraising
$0
$0
-
Total Expenses
$6,577,678
$8,024,463
+22%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)