UTAH FOOD BANK
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$158,582,473
Contributions
N/A
Government Grants
N/A
Investments
N/A
Fundraising Events
N/A
Program Services
N/A
Membership Dues
N/A
Expenses in 2024
$147,843,630
Other
89%
Salaries & Benefits
8%
Depreciation
1%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$140,902,220
$153,024,158
+9%
Government Grants
$3,066,052
$3,632,672
+18%
Fundraising Events
$318,250
$643,360
+102%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$762,594
$1,316,022
+73%
Other
-$123,478
-$33,739
-73%
Total Revenues
$144,925,638
$158,582,473
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,091,771
$12,464,720
+24%
Fees to Service Providers
$641,217
$796,168
+24%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$487,406
$729,525
+50%
Interest
$3,826
$2,368
-38%
Depreciation
$1,310,301
$1,923,775
+47%
Other
$120,405,038
$131,927,074
+10%
Total Expenses
$132,939,559
$147,843,630
+11%
Net income
2023
2024
Change
Net income
+$11,986,079
+$10,738,843
-10%
Functional Expenses
Summary
2023
2024
Change
Program
$127,363,351
$141,442,977
+11%
Admin
$3,174,186
$3,621,319
+14%
Fundraising
$2,402,022
$2,779,334
+16%
Total Expenses
$132,939,559
$147,843,630
+11%
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