PHOENIX GOSPEL MISSION
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$34,146,225
Contributions
76%
Program Services
14%
Government Grants
5%
Other
4%
Investments
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$34,682,335
Salaries & Benefits
42%
Other
41%
Fees to Service Providers
7%
Offices, Occupancy & IT
5%
Depreciation
4%
Advertising & Promotion
1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$27,746,563
$25,932,773
-7%
Government Grants
$776,383
$1,644,949
+112%
Fundraising Events
$0
$0
-
Program Services
$2,928,167
$4,691,619
+60%
Membership Dues
$0
$0
-
Investments
$492,818
$618,038
+25%
Other
$4,501
$1,258,846
+27868%
Total Revenues
$31,948,432
$34,146,225
+7%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,401,069
$14,477,171
+17%
Fees to Service Providers
$2,908,432
$2,299,105
-21%
Advertising & Promotion
$530,312
$425,259
-20%
Offices, Occupancy & IT
$1,808,028
$1,859,668
+3%
Interest
$0
$0
-
Depreciation
$1,448,922
$1,472,829
+2%
Other
$14,713,142
$14,148,303
-4%
Total Expenses
$33,809,905
$34,682,335
+3%
Net income
2024
2025
Change
Net income
-$1,861,473
-$536,110
+71%
Functional Expenses
Summary
2024
2025
Change
Program
$25,708,300
$27,331,925
+6%
Admin
$3,127,377
$2,689,286
-14%
Fundraising
$4,974,228
$4,661,124
-6%
Total Expenses
$33,809,905
$34,682,335
+3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)