MINGHUI PUBLISHING CENTER CORPORATION
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$261,331
Contributions
49%
Program Services
48%
Investments
2%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$411,715
Other
62%
Fees to Service Providers
23%
Offices, Occupancy & IT
12%
Depreciation
3%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$550,462
$128,727
-77%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$140,536
$125,642
-11%
Membership Dues
$0
$0
-
Investments
$4,135
$6,298
+52%
Other
$0
$664
-
Total Revenues
$695,133
$261,331
-62%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$67,750
$92,865
+37%
Advertising & Promotion
$5,226
$0
-100%
Offices, Occupancy & IT
$46,510
$50,644
+9%
Interest
$0
$0
-
Depreciation
$11,542
$12,745
+10%
Other
$246,562
$255,461
+4%
Total Expenses
$377,590
$411,715
+9%
Net income
2023
2024
Change
Net income
+$317,543
-$150,384
-147%
Functional Expenses
Summary
2023
2024
Change
Program
$356,194
$366,322
+3%
Admin
$21,396
$45,393
+112%
Fundraising
$0
$0
-
Total Expenses
$377,590
$411,715
+9%
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