Logo for "Permanent Endowment Fund of Moody Methodist Church"

Permanent Endowment Fund of Moody Methodist Church

Permanent Endowment Fund of Moody Methodist Church

Galveston, TX, US
501(c)3
EIN
76-0680471
Regional Funder
Logo for "Permanent Endowment Fund of Moody Methodist Church"

Permanent Endowment Fund of Moody Methodist Church

Galveston, TX, US
501(c)3
EIN
76-0680471
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$312,657,414

Contributions
94%
Other
4%
Investments
3%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$25,828,349

Grants
94%
Fees to Service Providers
3%
Salaries & Benefits
2%
Offices, Occupancy & IT
<1%
Other
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$14,755,088
$292,533,380
+1883%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$3,105,128
$9,140,478
+194%
Other
$1,261,287
$10,983,556
+771%
Total Revenues
$19,121,503
$312,657,414
+1535%
Expenses
2023
2024
Change
Grants
$10,466,770
$24,162,479
+131%
Benefits to Members
$0
$0
-
Salaries & Benefits
$586,667
$557,249
-5%
Fees to Service Providers
$306,183
$875,896
+186%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$206,547
$124,533
-40%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$59,609
$108,192
+82%
Total Expenses
$11,625,776
$25,828,349
+122%
Net income
2023
2024
Change
Net income
+$7,495,727
+$286,829,065
+3727%
Functional Expenses
Summary
2023
2024
Change
Program
$10,957,230
$24,739,845
+126%
Admin
$668,546
$1,088,504
+63%
Fundraising
$0
$0
-
Total Expenses
$11,625,776
$25,828,349
+122%
Income Statement
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