Luvability Ministries
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$69,091
Contributions
75%
Investments
13%
Program Services
12%
Fundraising Events
<1%
Government Grants
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$185,714
Salaries & Benefits
60%
Fees to Service Providers
27%
Other
4%
Offices, Occupancy & IT
4%
Advertising & Promotion
4%
Grants
0%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$160,281
$51,789
-68%
Government Grants
$0
$0
-
Fundraising Events
$2,538
$221
-91%
Program Services
$9,801
$8,098
-17%
Membership Dues
$0
$0
-
Investments
$573
$8,983
+1468%
Other
$0
$0
-
Total Revenues
$173,193
$69,091
-60%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$158,760
$111,581
-30%
Fees to Service Providers
$16,488
$50,586
+207%
Advertising & Promotion
$2,801
$7,672
+174%
Offices, Occupancy & IT
$5,824
$7,835
+35%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$30,837
$8,040
-74%
Total Expenses
$214,710
$185,714
-14%
Net income
2023
2024
Change
Net income
-$41,517
-$116,623
-181%
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