funder logo

FIFTH WARD COMMUNITY REDEVELOPMENT CORPORATION

FIFTH WARD COMMUNITY REDEVELOPMENT CORPORATION

Houston, TX, US
501(c)3
EIN
76-0288037
funder logo

FIFTH WARD COMMUNITY REDEVELOPMENT CORPORATION

Houston, TX, US
501(c)3
EIN
76-0288037

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$6,519,410

Contributions
87%
Other
7%
Program Services
5%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$4,998,189

Other
49%
Fees to Service Providers
13%
Interest
13%
Salaries & Benefits
10%
Depreciation
10%
Offices, Occupancy & IT
5%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$2,606,692
$5,689,240
+118%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$779,001
$338,069
-57%
Membership Dues
$0
$0
-
Investments
$7,537
$49,547
+557%
Other
$991,308
$442,554
-55%
Total Revenues
$4,384,538
$6,519,410
+49%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$519,334
$511,526
-2%
Fees to Service Providers
$690,279
$669,409
-3%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$217,634
$250,974
+15%
Interest
$443,832
$635,298
+43%
Depreciation
$526,293
$479,124
-9%
Other
$4,043,747
$2,451,858
-39%
Total Expenses
$6,441,119
$4,998,189
-22%
Net income
2023
2024
Change
Net income
-$2,056,581
+$1,521,221
-174%
Functional Expenses
Summary
2023
2024
Change
Program
$5,425,762
$3,909,009
-28%
Admin
$940,131
$917,325
-2%
Fundraising
$75,226
$171,855
+128%
Total Expenses
$6,441,119
$4,998,189
-22%
Income Statement
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