CARESTAR FOUNDATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$3,851,612
Other
64%
Investments
35%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$4,392,865
Grants
57%
Salaries & Benefits
26%
Fees to Service Providers
12%
Other
6%
Advertising & Promotion
<1%
Benefits to Members
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$32,625
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,118,651
$1,362,263
+22%
Other
-$1,488,035
$2,456,724
-265%
Total Revenues
-$369,384
$3,851,612
-1143%
Expenses
2023
2024
Change
Grants
$7,180,000
$2,486,131
-65%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,055,953
$1,132,079
+7%
Fees to Service Providers
$409,006
$515,972
+26%
Advertising & Promotion
$18,385
$2,507
-86%
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$1,153
$0
-100%
Other
$244,362
$256,176
+5%
Total Expenses
$8,908,859
$4,392,865
-51%
Net income
2023
2024
Change
Net income
-$9,278,243
-$541,253
+94%
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