LUTHERAN SUNSET MINISTRIES
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$13,960,620
Program Services
89%
Other
5%
Investments
4%
Contributions
3%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$13,462,769
Salaries & Benefits
59%
Other
21%
Offices, Occupancy & IT
9%
Depreciation
7%
Interest
3%
Advertising & Promotion
<1%
Fees to Service Providers
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$493,030
$387,010
-22%
Government Grants
$68,400
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$11,429,969
$12,397,841
+8%
Membership Dues
$0
$0
-
Investments
$278,590
$496,038
+78%
Other
-$39,011
$679,731
-1842%
Total Revenues
$12,230,978
$13,960,620
+14%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$7,355,593
$7,948,666
+8%
Fees to Service Providers
$31,609
$45,188
+43%
Advertising & Promotion
$61,439
$90,872
+48%
Offices, Occupancy & IT
$1,136,012
$1,191,512
+5%
Interest
$397,682
$405,603
+2%
Depreciation
$1,000,595
$960,895
-4%
Other
$2,538,206
$2,820,033
+11%
Total Expenses
$12,521,136
$13,462,769
+8%
Net income
2023
2024
Change
Net income
-$290,158
+$497,851
-272%
Functional Expenses
Summary
2023
2024
Change
Program
$9,720,889
$11,024,212
+13%
Admin
$2,609,774
$2,216,486
-15%
Fundraising
$190,473
$222,071
+17%
Total Expenses
$12,521,136
$13,462,769
+8%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)