FOOD FOR THE POOR INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$412,105,034
Contributions
96%
Government Grants
3%
Fundraising Events
<1%
Other
<1%
Investments
<1%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$417,691,270
Grants
83%
Salaries & Benefits
7%
Other
4%
Advertising & Promotion
3%
Offices, Occupancy & IT
3%
Fees to Service Providers
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$440,487,180
$397,297,409
-10%
Government Grants
$11,502,207
$13,266,771
+15%
Fundraising Events
$1,260,263
$953,822
-24%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$284,351
$158,885
-44%
Other
$334,036
$428,147
+28%
Total Revenues
$453,868,037
$412,105,034
-9%
Expenses
2023
2024
Change
Grants
$393,090,990
$346,344,950
-12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$30,840,058
$27,382,184
-11%
Fees to Service Providers
$771,813
$1,117,293
+45%
Advertising & Promotion
$13,715,937
$13,825,558
+1%
Offices, Occupancy & IT
$10,396,030
$11,469,610
+10%
Interest
$2,334
$1,736
-26%
Depreciation
$400,888
$398,192
-1%
Other
$19,107,009
$17,151,747
-10%
Total Expenses
$468,325,059
$417,691,270
-11%
Net income
2023
2024
Change
Net income
-$14,457,022
-$5,586,236
+61%
Functional Expenses
Summary
2023
2024
Change
Program
$417,812,448
$367,094,907
-12%
Admin
$13,814,953
$13,060,376
-5%
Fundraising
$36,697,658
$37,535,987
+2%
Total Expenses
$468,325,059
$417,691,270
-11%
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