Logo for "NEW BEDFORD LIGHT"

NEW BEDFORD LIGHT

NEW BEDFORD LIGHT

NEW BEDFORD, MA, US
501(c)(3)
EIN
86-2407296
Logo for "NEW BEDFORD LIGHT"

NEW BEDFORD LIGHT

NEW BEDFORD, MA, US
501(c)(3)
EIN
86-2407296

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,979,232

Contributions
98%
Fundraising Events
1%
Investments
<1%
Other
<1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$1,791,522

Salaries & Benefits
82%
Fees to Service Providers
7%
Offices, Occupancy & IT
6%
Advertising & Promotion
2%
Other
1%
Grants
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,922,414
$1,932,444
+1%
Government Grants
$35,000
$0
-100%
Fundraising Events
$16,200
$23,215
+43%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$6,815
$16,972
+149%
Other
$16,878
$6,601
-61%
Total Revenues
$1,997,307
$1,979,232
-1%
Expenses
2023
2024
Change
Grants
$62,735
$9,615
-85%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,128,775
$1,477,213
+31%
Fees to Service Providers
$302,931
$126,739
-58%
Advertising & Promotion
$36,633
$40,805
+11%
Offices, Occupancy & IT
$101,744
$109,449
+8%
Interest
$0
$0
-
Depreciation
$14,401
$5,495
-62%
Other
$24,834
$22,206
-11%
Total Expenses
$1,672,053
$1,791,522
+7%
Net income
2023
2024
Change
Net income
+$325,254
+$187,710
-42%
Functional Expenses
Summary
2023
2024
Change
Program
$1,160,168
$1,201,697
+4%
Admin
$511,885
$589,825
+15%
Fundraising
$0
$0
-
Total Expenses
$1,672,053
$1,791,522
+7%
Income Statement
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