GREATER LANSING FOOD BANK
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$24,845,184
Contributions
N/A
Government Grants
N/A
Program Services
N/A
Fundraising Events
N/A
Investments
N/A
Membership Dues
N/A
Expenses in 2024
$25,065,500
Other
86%
Salaries & Benefits
10%
Depreciation
1%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$15,081,975
$15,929,402
+6%
Government Grants
$2,758,938
$7,627,346
+176%
Fundraising Events
$369,743
$343,731
-7%
Program Services
$136,288
$799,794
+487%
Membership Dues
$0
$0
-
Investments
$97,219
$174,579
+80%
Other
-$27,260
-$29,668
+9%
Total Revenues
$18,416,903
$24,845,184
+35%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,471,843
$2,614,459
+6%
Fees to Service Providers
$163,489
$158,765
-3%
Advertising & Promotion
$6,938
$35,653
+414%
Offices, Occupancy & IT
$290,968
$299,330
+3%
Interest
$0
$0
-
Depreciation
$345,973
$364,303
+5%
Other
$17,164,591
$21,592,990
+26%
Total Expenses
$20,443,802
$25,065,500
+23%
Net income
2023
2024
Change
Net income
-$2,026,899
-$220,316
+89%
Functional Expenses
Summary
2023
2024
Change
Program
$19,182,018
$23,771,165
+24%
Admin
$714,932
$772,030
+8%
Fundraising
$546,852
$522,305
-4%
Total Expenses
$20,443,802
$25,065,500
+23%
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