Bread for the World Institute
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$14,011,183
Contributions
81%
Membership Dues
7%
Fundraising Events
5%
Other
3%
Investments
3%
Program Services
<1%
Government Grants
0%
Expenses in 2024
$7,017,329
Salaries & Benefits
63%
Fees to Service Providers
14%
Other
14%
Offices, Occupancy & IT
7%
Depreciation
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$4,442,844
$11,392,523
+156%
Government Grants
$0
$0
-
Fundraising Events
$203,822
$770,000
+278%
Program Services
$12,560
$2,337
-81%
Membership Dues
$1,099,177
$1,020,865
-7%
Investments
$359,825
$397,650
+11%
Other
$563,553
$427,808
-24%
Total Revenues
$6,681,781
$14,011,183
+110%
Expenses
2023
2024
Change
Grants
$2,000
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,236,909
$4,441,222
+5%
Fees to Service Providers
$998,500
$1,015,229
+2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$528,724
$513,845
-3%
Interest
$7,059
$5,727
-19%
Depreciation
$78,307
$62,192
-21%
Other
$846,553
$979,114
+16%
Total Expenses
$6,698,052
$7,017,329
+5%
Net income
2023
2024
Change
Net income
-$16,271
+$6,993,854
-43084%
Functional Expenses
Summary
2023
2024
Change
Program
$5,981,020
$6,129,021
+2%
Admin
$411,030
$410,415
0%
Fundraising
$306,002
$477,893
+56%
Total Expenses
$6,698,052
$7,017,329
+5%
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