THE QURAN LEARNING CENTER INC
Income Statement
Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$244,828
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$144,238
Offices, Occupancy & IT
37%
Fees to Service Providers
34%
Other
29%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$243,065
$244,828
+1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$243,065
$244,828
+1%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$29,000
$49,500
+71%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$46,246
$53,154
+15%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$41,609
$41,584
0%
Total Expenses
$116,855
$144,238
+23%
Net income
2023
2024
Change
Net income
+$126,210
+$100,590
-20%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$116,855
$144,238
+23%
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