Food Bank of Alaska
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$21,692,330
Contributions
N/A
Government Grants
N/A
Program Services
N/A
Investments
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024
$23,264,237
Other
74%
Salaries & Benefits
13%
Grants
7%
Offices, Occupancy & IT
3%
Depreciation
2%
Fees to Service Providers
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$16,149,570
$16,989,085
+5%
Government Grants
$6,471,996
$4,236,274
-35%
Fundraising Events
$24,030
$21,030
-12%
Program Services
$221,452
$608,977
+175%
Membership Dues
$0
$0
-
Investments
$137,476
$177,139
+29%
Other
$55,325
-$340,175
-715%
Total Revenues
$23,059,849
$21,692,330
-6%
Expenses
2023
2024
Change
Grants
$1,508,246
$1,698,846
+13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,830,300
$3,114,961
+10%
Fees to Service Providers
$167,642
$133,726
-20%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$473,227
$597,258
+26%
Interest
$0
$0
-
Depreciation
$449,037
$451,501
+1%
Other
$14,077,117
$17,267,945
+23%
Total Expenses
$19,505,569
$23,264,237
+19%
Net income
2023
2024
Change
Net income
+$3,554,280
-$1,571,907
-144%
Functional Expenses
Summary
2023
2024
Change
Program
$18,351,406
$22,013,070
+20%
Admin
$958,145
$1,012,723
+6%
Fundraising
$196,018
$238,444
+22%
Total Expenses
$19,505,569
$23,264,237
+19%
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