Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$23,039,439
Contributions
94%
Investments
5%
Other
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$18,955,646
Grants
60%
Salaries & Benefits
28%
Offices, Occupancy & IT
7%
Other
4%
Fees to Service Providers
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$19,627,592
$21,636,399
+10%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$897,821
$1,053,351
+17%
Other
-$90,684
$349,689
-486%
Total Revenues
$20,434,729
$23,039,439
+13%
Expenses
2023
2024
Change
Grants
$10,328,549
$11,420,223
+11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,897,417
$5,284,629
+8%
Fees to Service Providers
$228,734
$144,626
-37%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,339,210
$1,300,265
-3%
Interest
$0
$0
-
Depreciation
$41,171
$29,740
-28%
Other
$711,829
$776,163
+9%
Total Expenses
$17,546,910
$18,955,646
+8%
Net income
2023
2024
Change
Net income
+$2,887,819
+$4,083,793
+41%
Functional Expenses
Summary
2023
2024
Change
Program
$14,410,413
$15,963,243
+11%
Admin
$840,469
$798,160
-5%
Fundraising
$2,296,028
$2,194,243
-4%
Total Expenses
$17,546,910
$18,955,646
+8%