CARS FOR CHARITY INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$4,645,845
Contributions
>99%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$4,640,866
Grants
95%
Offices, Occupancy & IT
2%
Salaries & Benefits
2%
Fees to Service Providers
<1%
Other
<1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$3,864,167
$4,645,521
+20%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$5
$324
+6380%
Other
$0
$0
-
Total Revenues
$3,864,172
$4,645,845
+20%
Expenses
2023
2024
Change
Grants
$3,713,248
$4,427,812
+19%
Benefits to Members
$0
$0
-
Salaries & Benefits
$38,924
$90,480
+132%
Fees to Service Providers
$30,559
$27,890
-9%
Advertising & Promotion
$0
$20
-
Offices, Occupancy & IT
$53,256
$94,194
+77%
Interest
$0
$70
-
Depreciation
$0
$0
-
Other
$2,261
$400
-82%
Total Expenses
$3,838,248
$4,640,866
+21%
Net income
2023
2024
Change
Net income
+$25,924
+$4,979
-81%
Functional Expenses
Summary
2023
2024
Change
Program
$3,713,248
$4,427,812
+19%
Admin
$125,000
$213,054
+70%
Fundraising
$0
$0
-
Total Expenses
$3,838,248
$4,640,866
+21%
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