Montgomery County Food Bank
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$38,471,512
Contributions
95%
Fundraising Events
2%
Program Services
1%
Investments
<1%
Government Grants
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$35,334,992
Grants
88%
Salaries & Benefits
6%
Other
3%
Depreciation
1%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$33,393,086
$36,399,609
+9%
Government Grants
$110,635
$205,004
+85%
Fundraising Events
$949,493
$928,740
-2%
Program Services
$454,769
$564,186
+24%
Membership Dues
$0
$0
-
Investments
$89,712
$230,101
+156%
Other
$17,715
$143,872
+712%
Total Revenues
$35,015,410
$38,471,512
+10%
Expenses
2023
2024
Change
Grants
$30,762,249
$31,166,799
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,258,720
$2,294,959
+2%
Fees to Service Providers
$286,101
$294,530
+3%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$225,394
$273,936
+22%
Interest
$22,406
$17,136
-24%
Depreciation
$380,193
$359,215
-6%
Other
$931,856
$928,417
0%
Total Expenses
$34,866,919
$35,334,992
+1%
Net income
2023
2024
Change
Net income
+$148,491
+$3,136,520
+2012%
Functional Expenses
Summary
2023
2024
Change
Program
$33,554,223
$33,905,675
+1%
Admin
$652,853
$745,650
+14%
Fundraising
$659,843
$683,667
+4%
Total Expenses
$34,866,919
$35,334,992
+1%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)