GLOBAL HEALTH MINISTRIES
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$9,126,019
Contributions
95%
Investments
4%
Other
<1%
Fundraising Events
<1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$7,986,180
Grants
84%
Salaries & Benefits
10%
Other
3%
Offices, Occupancy & IT
2%
Depreciation
<1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$8,081,362
$8,672,088
+7%
Government Grants
$0
$0
-
Fundraising Events
$77,179
$10,134
-87%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$425,843
$355,846
-16%
Other
-$12,550
$87,951
-801%
Total Revenues
$8,571,834
$9,126,019
+6%
Expenses
2023
2024
Change
Grants
$6,168,060
$6,688,024
+8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$320,998
$772,119
+141%
Fees to Service Providers
$33,771
$35,971
+7%
Advertising & Promotion
$19,454
$15,133
-22%
Offices, Occupancy & IT
$166,054
$183,902
+11%
Interest
$0
$0
-
Depreciation
$42,392
$45,310
+7%
Other
$620,267
$245,721
-60%
Total Expenses
$7,370,996
$7,986,180
+8%
Net income
2023
2024
Change
Net income
+$1,200,838
+$1,139,839
-5%
Functional Expenses
Summary
2023
2024
Change
Program
$6,731,856
$7,319,252
+9%
Admin
$369,133
$392,545
+6%
Fundraising
$270,007
$274,383
+2%
Total Expenses
$7,370,996
$7,986,180
+8%
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