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The Community Foundation of Greater Chattanooga Inc

The Community Foundation of Greater Chattanooga Inc

Chattanooga, TN, US
501(c)3
EIN
62-6045999
DAF Sponsor
Community Foundation
Regional Funder
funder logo

The Community Foundation of Greater Chattanooga Inc

Chattanooga, TN, US
501(c)3
EIN
62-6045999
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$48,049,930

Contributions
61%
Other
27%
Investments
12%
Government Grants
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$31,066,028

Grants
88%
Salaries & Benefits
6%
Fees to Service Providers
3%
Other
<1%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$21,956,349
$29,461,197
+34%
Government Grants
$376,880
$600
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$5,006,550
$5,611,706
+12%
Other
$12,699,419
$12,976,427
+2%
Total Revenues
$40,039,198
$48,049,930
+20%
Expenses
2023
2024
Change
Grants
$25,948,575
$27,451,355
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,637,565
$2,003,852
+22%
Fees to Service Providers
$825,662
$999,482
+21%
Advertising & Promotion
$209,108
$171,427
-18%
Offices, Occupancy & IT
$160,206
$155,502
-3%
Interest
$31,631
$24,687
-22%
Depreciation
$90,879
$85,747
-6%
Other
$223,387
$173,976
-22%
Total Expenses
$29,127,013
$31,066,028
+7%
Net income
2023
2024
Change
Net income
+$10,912,185
+$16,983,902
+56%
Functional Expenses
Summary
2023
2024
Change
Program
$26,526,677
$28,097,094
+6%
Admin
$2,341,353
$2,640,202
+13%
Fundraising
$258,983
$328,732
+27%
Total Expenses
$29,127,013
$31,066,028
+7%
Income Statement
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