GOFUNDMEORG
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$13,647,277
Contributions
97%
Investments
3%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$11,981,653
Grants
93%
Fees to Service Providers
4%
Other
3%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$6,416,964
$13,221,237
+106%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$57,904
$423,677
+632%
Other
-$1,391,236
$2,363
-100%
Total Revenues
$5,083,632
$13,647,277
+168%
Expenses
2023
2024
Change
Grants
$13,544,042
$11,117,948
-18%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$284,315
$459,761
+62%
Advertising & Promotion
$479
$10,357
+2062%
Offices, Occupancy & IT
$30,500
$74,380
+144%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$60,808
$319,207
+425%
Total Expenses
$13,920,144
$11,981,653
-14%
Net income
2023
2024
Change
Net income
-$8,836,512
+$1,665,624
-119%
Functional Expenses
Summary
2023
2024
Change
Program
$13,578,240
$11,351,370
-16%
Admin
$279,075
$444,502
+59%
Fundraising
$62,829
$185,781
+196%
Total Expenses
$13,920,144
$11,981,653
-14%
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