HOE MINISTRIES INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$148,873
Contributions
79%
Government Grants
21%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$164,428
Grants
86%
Salaries & Benefits
8%
Fees to Service Providers
5%
Other
<1%
Offices, Occupancy & IT
<1%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$16
$117,872
+736600%
Government Grants
$119,166
$31,000
-74%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1
$1
+0%
Other
$0
$0
-
Total Revenues
$119,183
$148,873
+25%
Expenses
2023
2024
Change
Grants
$139,619
$141,350
+1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,122
$13,050
-1%
Fees to Service Providers
$11,650
$8,460
-27%
Advertising & Promotion
$470
$0
-100%
Offices, Occupancy & IT
$3,298
$377
-89%
Interest
$0
$1
-
Depreciation
$0
$0
-
Other
$6,768
$1,190
-82%
Total Expenses
$174,927
$164,428
-6%
Net income
2023
2024
Change
Net income
-$55,744
-$15,555
+72%
Functional Expenses
Summary
2023
2024
Change
Program
$174,927
$164,428
-6%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$174,927
$164,428
-6%
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