STAR GOSPEL MISSION
Income Statement
Fiscal Year Start:
Not available
Revenues in 2024
$3,575,316
Contributions
86%
Program Services
9%
Other
3%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,281,014
Other
52%
Salaries & Benefits
38%
Depreciation
4%
Fees to Service Providers
3%
Advertising & Promotion
2%
Offices, Occupancy & IT
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$556,637
$3,085,480
+454%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$166,504
$316,897
+90%
Membership Dues
$0
$0
-
Investments
$51,133
$55,421
+8%
Other
$58,852
$117,518
+100%
Total Revenues
$833,126
$3,575,316
+329%
Expenses
2023
2024
Change
Grants
$11,900
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$131,374
$491,345
+274%
Fees to Service Providers
$17,559
$36,439
+108%
Advertising & Promotion
$122,760
$29,175
-76%
Offices, Occupancy & IT
$4,527
$11,175
+147%
Interest
$0
$1,537
-
Depreciation
$45,648
$48,472
+6%
Other
$521,983
$662,871
+27%
Total Expenses
$855,751
$1,281,014
+50%
Net income
2023
2024
Change
Net income
-$22,625
+$2,294,302
-10241%
Functional Expenses
Summary
2023
2024
Change
Program
$451,983
$523,523
+16%
Admin
$75,685
$152,838
+102%
Fundraising
$328,083
$604,653
+84%
Total Expenses
$855,751
$1,281,014
+50%
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