IN HIS STEPS MINISTRIES INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$1,008,846
Contributions
95%
Investments
5%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$720,798
Salaries & Benefits
67%
Other
27%
Offices, Occupancy & IT
5%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$867,567
$960,148
+11%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,736
$48,698
+1680%
Other
$0
$0
-
Total Revenues
$870,303
$1,008,846
+16%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$414,184
$483,486
+17%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$1,980
$1,850
-7%
Offices, Occupancy & IT
$27,857
$38,792
+39%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$171,878
$196,670
+14%
Total Expenses
$615,899
$720,798
+17%
Net income
2023
2024
Change
Net income
+$254,404
+$288,048
+13%
Functional Expenses
Summary
2023
2024
Change
Program
$490,526
$576,104
+17%
Admin
$118,500
$137,021
+16%
Fundraising
$6,873
$7,673
+12%
Total Expenses
$615,899
$720,798
+17%
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