DESTINY CHURCH
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$538,978
Contributions
97%
Investments
3%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$440,039
Other
47%
Salaries & Benefits
36%
Offices, Occupancy & IT
17%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$512,562
$521,194
+2%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$15,859
-
Other
$2,993
$1,925
-36%
Total Revenues
$515,555
$538,978
+5%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$128,987
$156,941
+22%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$67,718
$75,450
+11%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$198,213
$207,648
+5%
Total Expenses
$394,918
$440,039
+11%
Net income
2023
2024
Change
Net income
+$120,637
+$98,939
-18%
Functional Expenses
Summary
2023
2024
Change
Program
$146,807
$162,441
+11%
Admin
$248,111
$277,598
+12%
Fundraising
$0
$0
-
Total Expenses
$394,918
$440,039
+11%
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