GLOBUS RELIEF

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$5,089,834
Contributions
66%
Program Services
22%
Other
12%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$9,846,718
Grants
74%
Salaries & Benefits
12%
Offices, Occupancy & IT
7%
Other
6%
Fees to Service Providers
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$9,200,634
$3,343,052
-64%
Government Grants
$518,588
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$1,509,212
$1,115,687
-26%
Membership Dues
$0
$0
-
Investments
$8,704
$7,095
-18%
Other
-$39,083
$624,000
-1697%
Total Revenues
$11,198,055
$5,089,834
-55%
Expenses
2023
2024
Change
Grants
$19,122,596
$7,279,263
-62%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,248,681
$1,162,967
-7%
Fees to Service Providers
$55,321
$52,659
-5%
Advertising & Promotion
$1,314
$22,464
+1610%
Offices, Occupancy & IT
$755,664
$655,441
-13%
Interest
$0
$0
-
Depreciation
$54,225
$46,533
-14%
Other
$982,625
$627,391
-36%
Total Expenses
$22,220,426
$9,846,718
-56%
Net income
2023
2024
Change
Net income
-$11,022,371
-$4,756,884
+57%
Functional Expenses
Summary
2023
2024
Change
Program
$21,126,035
$8,875,402
-58%
Admin
$1,016,534
$915,459
-10%
Fundraising
$77,857
$55,857
-28%
Total Expenses
$22,220,426
$9,846,718
-56%
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