Logo for "SECOND HARVEST NORTHERN LAKES FOOD BANK"

SECOND HARVEST NORTHERN LAKES FOOD BANK

SECOND HARVEST NORTHERN LAKES FOOD BANK

DULUTH, MN, US
501(c)(3)
EIN
36-3479964
Women Led
Logo for "SECOND HARVEST NORTHERN LAKES FOOD BANK"

SECOND HARVEST NORTHERN LAKES FOOD BANK

DULUTH, MN, US
501(c)(3)
EIN
36-3479964
Women Led

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2025

$30,437,505

Contributions
86%
Government Grants
6%
Program Services
5%
Other
2%
Investments
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025

$27,013,177

Grants
82%
Salaries & Benefits
8%
Fees to Service Providers
4%
Other
3%
Depreciation
2%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$18,282,877
$26,176,589
+43%
Government Grants
$4,084,533
$1,851,237
-55%
Fundraising Events
$0
$0
-
Program Services
$1,819,681
$1,471,870
-19%
Membership Dues
$0
$0
-
Investments
$276,315
$398,325
+44%
Other
$37,869
$539,484
+1325%
Total Revenues
$24,501,275
$30,437,505
+24%
Expenses
2024
2025
Change
Grants
$18,296,680
$22,198,357
+21%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,620,999
$2,107,988
+30%
Fees to Service Providers
$676,918
$989,251
+46%
Advertising & Promotion
$102,211
$46,345
-55%
Offices, Occupancy & IT
$593,033
$410,200
-31%
Interest
$227
$41,451
+18160%
Depreciation
$286,958
$517,747
+80%
Other
$958,523
$701,838
-27%
Total Expenses
$22,535,549
$27,013,177
+20%
Net income
2024
2025
Change
Net income
+$1,965,726
+$3,424,328
+74%
Functional Expenses
Summary
2024
2025
Change
Program
$21,663,120
$25,429,806
+17%
Admin
$359,380
$948,462
+164%
Fundraising
$513,049
$634,909
+24%
Total Expenses
$22,535,549
$27,013,177
+20%
Income Statement
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