NORTHERN ILLINOIS FOOD BANK
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$180,417,949
Contributions
N/A
Government Grants
N/A
Investments
N/A
Fundraising Events
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024
$180,916,299
Grants
86%
Salaries & Benefits
8%
Other
2%
Depreciation
1%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Fees to Service Providers
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$153,309,981
$180,849,787
+18%
Government Grants
$7,483,079
$9,975,141
+33%
Fundraising Events
$738,220
$778,565
+5%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$686,477
$924,975
+35%
Other
-$15,222,671
-$12,110,519
-20%
Total Revenues
$146,995,086
$180,417,949
+23%
Expenses
2023
2024
Change
Grants
$128,863,066
$155,751,246
+21%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,129,378
$14,253,387
+18%
Fees to Service Providers
$2,220,320
$1,518,463
-32%
Advertising & Promotion
$740,824
$1,778,279
+140%
Offices, Occupancy & IT
$1,755,559
$1,733,456
-1%
Interest
$163,534
$259,163
+58%
Depreciation
$1,686,502
$1,893,682
+12%
Other
$2,621,687
$3,728,623
+42%
Total Expenses
$150,180,870
$180,916,299
+20%
Net income
2023
2024
Change
Net income
-$3,185,784
-$498,350
+84%
Functional Expenses
Summary
2023
2024
Change
Program
$144,303,312
$173,619,744
+20%
Admin
$2,711,237
$3,638,796
+34%
Fundraising
$3,166,321
$3,657,759
+16%
Total Expenses
$150,180,870
$180,916,299
+20%
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