The Prayer Covenant Inc
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$206,784
Contributions
>99%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$152,908
Other
77%
Offices, Occupancy & IT
14%
Fees to Service Providers
8%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$155,925
$206,783
+33%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$7,263
$1
-100%
Total Revenues
$163,188
$206,784
+27%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$27,311
$12,790
-53%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$20,758
$21,769
+5%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$128,518
$118,349
-8%
Total Expenses
$176,587
$152,908
-13%
Net income
2023
2024
Change
Net income
-$13,399
+$53,876
-502%
Functional Expenses
Summary
2023
2024
Change
Program
$138,726
$129,464
-7%
Admin
$31,487
$19,014
-40%
Fundraising
$6,374
$4,430
-30%
Total Expenses
$176,587
$152,908
-13%
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