WESTMINSTER HOME CONNECTION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,352,810
Contributions
78%
Other
9%
Government Grants
9%
Investments
4%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$1,263,671
Other
71%
Salaries & Benefits
19%
Offices, Occupancy & IT
5%
Fees to Service Providers
4%
Depreciation
2%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,282,847
$1,055,764
-18%
Government Grants
$88,790
$121,692
+37%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$21,505
$51,189
+138%
Other
$138,898
$124,165
-11%
Total Revenues
$1,532,040
$1,352,810
-12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$185,966
$235,646
+27%
Fees to Service Providers
$38,767
$56,578
+46%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$31,352
$56,924
+82%
Interest
$0
$0
-
Depreciation
$9,207
$19,588
+113%
Other
$684,678
$894,935
+31%
Total Expenses
$949,970
$1,263,671
+33%
Net income
2023
2024
Change
Net income
+$582,070
+$89,139
-85%
Functional Expenses
Summary
2023
2024
Change
Program
$810,324
$1,046,019
+29%
Admin
$131,833
$210,472
+60%
Fundraising
$7,813
$7,180
-8%
Total Expenses
$949,970
$1,263,671
+33%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)