FEEDING KENTUCKY INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$2,364,522
Government Grants
72%
Contributions
21%
Other
4%
Membership Dues
2%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Expenses in 2024
$2,649,873
Grants
78%
Salaries & Benefits
13%
Fees to Service Providers
4%
Other
3%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,107,232
$485,560
-56%
Government Grants
$1,145,154
$1,712,468
+50%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$57,394
$50,000
-13%
Investments
$895
$20,769
+2221%
Other
$5,788
$95,725
+1554%
Total Revenues
$2,316,463
$2,364,522
+2%
Expenses
2023
2024
Change
Grants
$1,797,186
$2,062,126
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$454,237
$350,359
-23%
Fees to Service Providers
$73,636
$113,202
+54%
Advertising & Promotion
$555
$5,353
+865%
Offices, Occupancy & IT
$32,356
$29,352
-9%
Interest
$0
$0
-
Depreciation
$0
$432
-
Other
$101,606
$89,049
-12%
Total Expenses
$2,459,576
$2,649,873
+8%
Net income
2023
2024
Change
Net income
-$143,113
-$285,351
-99%
Functional Expenses
Summary
2023
2024
Change
Program
$2,313,122
$2,513,908
+9%
Admin
$20,857
$47,047
+126%
Fundraising
$125,597
$88,918
-29%
Total Expenses
$2,459,576
$2,649,873
+8%
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