BLESSING CORPORATE SERVICES INC
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$23,275,169
Program Services
>99%
Other
<1%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$27,264,027
Salaries & Benefits
65%
Other
21%
Fees to Service Providers
8%
Offices, Occupancy & IT
3%
Interest
2%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$159,223
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$41,737,391
$23,115,232
-45%
Membership Dues
$0
$0
-
Investments
$7,632
$63
-99%
Other
$16,689,424
$159,874
-99%
Total Revenues
$58,593,670
$23,275,169
-60%
Expenses
2023
2024
Change
Grants
$140,228
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$40,740,174
$17,850,568
-56%
Fees to Service Providers
$5,639,279
$2,255,526
-60%
Advertising & Promotion
$21,921
$30,759
+40%
Offices, Occupancy & IT
$2,397,133
$702,185
-71%
Interest
$451,602
$423,482
-6%
Depreciation
$475,835
$143,257
-70%
Other
$14,695,364
$5,858,250
-60%
Total Expenses
$64,561,536
$27,264,027
-58%
Net income
2023
2024
Change
Net income
-$5,967,866
-$3,988,858
+33%
Functional Expenses
Summary
2023
2024
Change
Program
$52,648,148
$23,533,181
-55%
Admin
$11,913,388
$3,730,846
-69%
Fundraising
$0
$0
-
Total Expenses
$64,561,536
$27,264,027
-58%
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