THE BARACK OBAMA FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$209,759,915
Contributions
93%
Investments
5%
Other
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$91,442,238
Salaries & Benefits
48%
Fees to Service Providers
13%
Offices, Occupancy & IT
13%
Grants
12%
Other
12%
Depreciation
1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$129,320,227
$194,905,424
+51%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$9,145,673
$10,605,297
+16%
Other
$2,120,204
$4,249,194
+100%
Total Revenues
$140,586,104
$209,759,915
+49%
Expenses
2023
2024
Change
Grants
$13,395,962
$11,386,511
-15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$39,242,138
$43,693,713
+11%
Fees to Service Providers
$9,553,754
$12,200,704
+28%
Advertising & Promotion
$0
$482,791
-
Offices, Occupancy & IT
$10,577,453
$11,509,353
+9%
Interest
$0
$2,862
-
Depreciation
$780,002
$1,365,836
+75%
Other
$13,912,975
$10,800,468
-22%
Total Expenses
$87,462,284
$91,442,238
+5%
Net income
2023
2024
Change
Net income
+$53,123,820
+$118,317,677
+123%
Functional Expenses
Summary
2023
2024
Change
Program
$52,799,162
$51,126,361
-3%
Admin
$15,195,472
$16,681,891
+10%
Fundraising
$19,467,650
$23,633,986
+21%
Total Expenses
$87,462,284
$91,442,238
+5%
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