SECOND HARVEST OF SOUTH GEORGIA INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$70,751,558
Government Grants
55%
Contributions
41%
Program Services
2%
Other
1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$48,813,727
Grants
86%
Other
8%
Salaries & Benefits
4%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Interest
<1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$20,046,188
$29,073,629
+45%
Government Grants
$15,085,103
$39,142,230
+159%
Fundraising Events
$35,017
$0
-100%
Program Services
$1,173,739
$1,484,579
+26%
Membership Dues
$0
$0
-
Investments
$6,216
$43,215
+595%
Other
$177,094
$1,007,905
+469%
Total Revenues
$36,523,357
$70,751,558
+94%
Expenses
2023
2024
Change
Grants
$30,428,393
$42,158,992
+39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,814,496
$1,815,682
+0%
Fees to Service Providers
$100,489
$114,017
+13%
Advertising & Promotion
$8,209
$4,013
-51%
Offices, Occupancy & IT
$248,801
$313,595
+26%
Interest
$390,557
$252,089
-35%
Depreciation
$346,447
$358,533
+3%
Other
$2,989,130
$3,796,806
+27%
Total Expenses
$36,326,522
$48,813,727
+34%
Net income
2023
2024
Change
Net income
+$196,835
+$21,937,831
+11045%
Functional Expenses
Summary
2023
2024
Change
Program
$34,862,933
$47,199,775
+35%
Admin
$1,253,038
$1,375,119
+10%
Fundraising
$210,551
$238,833
+13%
Total Expenses
$36,326,522
$48,813,727
+34%
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