HOPE COTTAGE INC
HOPE COTTAGE INC
HOPE COTTAGE INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$2,798,757
Contributions
45%
Program Services
38%
Government Grants
8%
Other
6%
Investments
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,466,616
Salaries & Benefits
60%
Other
16%
Grants
11%
Fees to Service Providers
8%
Offices, Occupancy & IT
5%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,641,257
$1,252,575
-53%
Government Grants
$0
$211,805
-
Fundraising Events
$0
$0
-
Program Services
$763,905
$1,073,803
+41%
Membership Dues
$0
$0
-
Investments
$74,368
$93,759
+26%
Other
-$2,207
$166,815
-7658%
Total Revenues
$3,477,323
$2,798,757
-20%
Expenses
2023
2024
Change
Grants
$205,587
$268,486
+31%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,248,189
$1,469,230
+18%
Fees to Service Providers
$153,056
$192,434
+26%
Advertising & Promotion
$32,214
$22,825
-29%
Offices, Occupancy & IT
$108,014
$125,332
+16%
Interest
$0
$0
-
Depreciation
$86,805
$0
-100%
Other
$132,169
$388,309
+194%
Total Expenses
$1,966,034
$2,466,616
+25%
Net income
2023
2024
Change
Net income
+$1,511,289
+$332,141
-78%
Functional Expenses
Summary
2023
2024
Change
Program
$1,488,099
$1,889,850
+27%
Admin
$295,491
$293,715
-1%
Fundraising
$182,444
$283,051
+55%
Total Expenses
$1,966,034
$2,466,616
+25%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)