THE BLESSING FOUNDATION INC
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$6,686,929
Other
78%
Investments
16%
Contributions
6%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$3,628,672
Grants
56%
Interest
25%
Other
11%
Fees to Service Providers
5%
Advertising & Promotion
3%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$621,059
$397,255
-36%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,044,474
$1,087,769
+4%
Other
$3,363,965
$5,201,905
+55%
Total Revenues
$5,029,498
$6,686,929
+33%
Expenses
2023
2024
Change
Grants
$2,026,993
$2,031,484
+0%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$183,133
$171,036
-7%
Advertising & Promotion
$100,000
$100,000
+0%
Offices, Occupancy & IT
$21,926
$27,666
+26%
Interest
$969,852
$917,165
-5%
Depreciation
$0
$0
-
Other
$420,077
$381,321
-9%
Total Expenses
$3,721,981
$3,628,672
-3%
Net income
2023
2024
Change
Net income
+$1,307,517
+$3,058,257
+134%
Functional Expenses
Summary
2023
2024
Change
Program
$2,026,993
$2,031,484
+0%
Admin
$1,548,516
$1,454,340
-6%
Fundraising
$146,472
$142,848
-2%
Total Expenses
$3,721,981
$3,628,672
-3%
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