AFRICA RELIEF AND COMMUNITY DEVELOPMENT INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$8,138,250
Contributions
84%
Fundraising Events
16%
Other
<1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$8,189,257
Other
60%
Grants
17%
Salaries & Benefits
16%
Fees to Service Providers
4%
Offices, Occupancy & IT
3%
Advertising & Promotion
1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,309,641
$6,848,384
-26%
Government Grants
$0
$0
-
Fundraising Events
$0
$1,280,036
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$9,830
-
Total Revenues
$9,309,641
$8,138,250
-13%
Expenses
2023
2024
Change
Grants
$3,334,380
$1,370,796
-59%
Benefits to Members
$0
$0
-
Salaries & Benefits
$655,330
$1,299,240
+98%
Fees to Service Providers
$392,911
$294,408
-25%
Advertising & Promotion
$154,862
$92,481
-40%
Offices, Occupancy & IT
$194,023
$212,709
+10%
Interest
$0
$1,963
-
Depreciation
$13,016
$11,065
-15%
Other
$5,182,577
$4,906,595
-5%
Total Expenses
$9,927,099
$8,189,257
-18%
Net income
2023
2024
Change
Net income
-$617,458
-$51,007
+92%
Functional Expenses
Summary
2023
2024
Change
Program
$9,178,789
$6,809,063
-26%
Admin
$609,155
$371,820
-39%
Fundraising
$139,155
$1,008,374
+625%
Total Expenses
$9,927,099
$8,189,257
-18%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)