Logo for "HOMEWARD BOUND OF WESTERN NORTH CAROLINA INC"

HOMEWARD BOUND OF WESTERN NORTH CAROLINA INC

HOMEWARD BOUND OF WESTERN NORTH CAROLINA INC

Asheville, NC, US
501(c)3
EIN
56-1568917
Logo for "HOMEWARD BOUND OF WESTERN NORTH CAROLINA INC"

HOMEWARD BOUND OF WESTERN NORTH CAROLINA INC

Asheville, NC, US
501(c)3
EIN
56-1568917

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$8,248,183

Government Grants
60%
Contributions
30%
Program Services
9%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$9,089,103

Salaries & Benefits
50%
Grants
32%
Offices, Occupancy & IT
8%
Depreciation
5%
Other
2%
Interest
2%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$4,145,443
$2,435,907
-41%
Government Grants
$5,524,221
$4,940,408
-11%
Fundraising Events
$0
$0
-
Program Services
$32,074
$778,333
+2327%
Membership Dues
$0
$0
-
Investments
$52,614
$61,502
+17%
Other
$23,268
$32,033
+38%
Total Revenues
$9,777,620
$8,248,183
-16%
Expenses
2023
2024
Change
Grants
$2,782,589
$2,926,831
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,993,540
$4,536,441
+14%
Fees to Service Providers
$95,250
$88,952
-7%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$733,145
$724,467
-1%
Interest
$78,671
$140,547
+79%
Depreciation
$92,769
$496,085
+435%
Other
$189,008
$175,780
-7%
Total Expenses
$7,964,972
$9,089,103
+14%
Net income
2023
2024
Change
Net income
+$1,812,648
-$840,920
-146%
Functional Expenses
Summary
2023
2024
Change
Program
$7,018,536
$7,921,846
+13%
Admin
$637,045
$779,843
+22%
Fundraising
$309,391
$387,414
+25%
Total Expenses
$7,964,972
$9,089,103
+14%
Income Statement
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