INTERNATIONAL GOSPEL OUTREACH
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,618,931
Contributions
99%
Investments
1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$1,561,623
Fees to Service Providers
98%
Other
2%
Offices, Occupancy & IT
<1%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$1,247,791
$1,601,022
+28%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$18,507
$17,909
-3%
Other
$0
$0
-
Total Revenues
$1,266,298
$1,618,931
+28%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$1,318,966
$1,529,922
+16%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$11,289
$784
-93%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$16,960
$30,917
+82%
Total Expenses
$1,347,215
$1,561,623
+16%
Net income
2023
2024
Change
Net income
-$80,917
+$57,308
-171%
Functional Expenses
Summary
2023
2024
Change
Program
$1,292,551
$1,513,194
+17%
Admin
$54,664
$48,429
-11%
Fundraising
$0
$0
-
Total Expenses
$1,347,215
$1,561,623
+16%
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