Faith Aid
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,193,531
Contributions
>99%
Other
<1%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$734,568
Grants
72%
Salaries & Benefits
22%
Other
5%
Offices, Occupancy & IT
<1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$569,630
$1,193,251
+109%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$104
$54
-48%
Other
$0
$226
-
Total Revenues
$569,734
$1,193,531
+109%
Expenses
2023
2024
Change
Grants
$268,039
$525,719
+96%
Benefits to Members
$0
$0
-
Salaries & Benefits
$38,161
$158,626
+316%
Fees to Service Providers
$7,363
$3,390
-54%
Advertising & Promotion
$1,017
$2,233
+120%
Offices, Occupancy & IT
$2,891
$5,161
+79%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$18,988
$39,439
+108%
Total Expenses
$336,459
$734,568
+118%
Net income
2023
2024
Change
Net income
+$233,275
+$458,963
+97%
Functional Expenses
Summary
2023
2024
Change
Program
$321,763
$647,023
+101%
Admin
$14,696
$42,739
+191%
Fundraising
$0
$44,806
-
Total Expenses
$336,459
$734,568
+118%
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