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Wichita Falls Area Community Foundation

Wichita Falls Area Community Foundation

Wichita Falls, TX, US
501(c)3
EIN
75-2817894
DAF Sponsor
Community Foundation
Regional Funder
funder logo

Wichita Falls Area Community Foundation

Wichita Falls, TX, US
501(c)3
EIN
75-2817894
DAF Sponsor
Community Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$17,434,417

Contributions
89%
Investments
11%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$7,261,019

Grants
87%
Salaries & Benefits
8%
Other
3%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$7,284,630
$15,471,406
+112%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,509,472
$1,869,938
+24%
Other
-$9,727
$93,073
-1057%
Total Revenues
$8,784,375
$17,434,417
+98%
Expenses
2023
2024
Change
Grants
$5,785,050
$6,339,172
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$468,720
$557,884
+19%
Fees to Service Providers
$32,060
$33,564
+5%
Advertising & Promotion
$9,789
$1,836
-81%
Offices, Occupancy & IT
$85,296
$82,311
-3%
Interest
$0
$0
-
Depreciation
$14,021
$9,976
-29%
Other
$173,019
$236,276
+37%
Total Expenses
$6,567,955
$7,261,019
+11%
Net income
2023
2024
Change
Net income
+$2,216,420
+$10,173,398
+359%
Functional Expenses
Summary
2023
2024
Change
Program
$6,210,836
$6,851,895
+10%
Admin
$233,565
$263,398
+13%
Fundraising
$123,554
$145,726
+18%
Total Expenses
$6,567,955
$7,261,019
+11%
Income Statement
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