VETERANS UNITED FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$10,340,552
Contributions
74%
Other
17%
Investments
9%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$13,734,981
Grants
94%
Fees to Service Providers
4%
Salaries & Benefits
<1%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Other
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$7,337,376
$7,641,259
+4%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,190,951
$892,008
-25%
Other
-$1,041,781
$1,807,285
-273%
Total Revenues
$7,486,546
$10,340,552
+38%
Expenses
2023
2024
Change
Grants
$10,543,766
$12,871,213
+22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$45,758
$133,478
+192%
Fees to Service Providers
$671,326
$610,259
-9%
Advertising & Promotion
$7,545
$5,718
-24%
Offices, Occupancy & IT
$70,335
$43,173
-39%
Interest
$0
$0
-
Depreciation
$46,826
$46,826
+0%
Other
$15,268
$24,314
+59%
Total Expenses
$11,400,824
$13,734,981
+20%
Net income
2023
2024
Change
Net income
-$3,914,278
-$3,394,429
+13%
Functional Expenses
Summary
2023
2024
Change
Program
$10,543,766
$12,871,213
+22%
Admin
$857,058
$863,768
+1%
Fundraising
$0
$0
-
Total Expenses
$11,400,824
$13,734,981
+20%
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