BETTER LIFE MINISTRIES
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$225,551
Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$232,127
Grants
38%
Advertising & Promotion
27%
Other
12%
Salaries & Benefits
9%
Offices, Occupancy & IT
9%
Fees to Service Providers
3%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$264,978
$225,551
-15%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$264,978
$225,551
-15%
Expenses
2023
2024
Change
Grants
$92,515
$87,302
-6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$22,112
$21,598
-2%
Fees to Service Providers
$2,450
$8,000
+227%
Advertising & Promotion
$59,600
$63,755
+7%
Offices, Occupancy & IT
$18,656
$20,722
+11%
Interest
$1,118
$1,089
-3%
Depreciation
$1,316
$878
-33%
Other
$41,373
$28,783
-30%
Total Expenses
$239,140
$232,127
-3%
Net income
2023
2024
Change
Net income
+$25,838
-$6,576
-125%
Functional Expenses
Summary
2023
2024
Change
Program
$231,433
$224,839
-3%
Admin
$5,156
$4,968
-4%
Fundraising
$2,551
$2,320
-9%
Total Expenses
$239,140
$232,127
-3%
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