NEW ISRAEL FUND
NEW ISRAEL FUND
NEW ISRAEL FUND
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$55,771,376
Contributions
95%
Other
3%
Investments
2%
Fundraising Events
<1%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$55,779,987
Grants
64%
Salaries & Benefits
21%
Other
9%
Offices, Occupancy & IT
3%
Fees to Service Providers
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$56,465,268
$53,035,119
-6%
Government Grants
$0
$0
-
Fundraising Events
$426,227
$211,455
-50%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$393,267
$908,127
+131%
Other
$142,258
$1,616,675
+1036%
Total Revenues
$57,427,020
$55,771,376
-3%
Expenses
2023
2024
Change
Grants
$25,026,973
$35,807,600
+43%
Benefits to Members
$0
$0
-
Salaries & Benefits
$10,926,384
$11,931,345
+9%
Fees to Service Providers
$1,210,825
$968,246
-20%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,888,600
$1,884,971
0%
Interest
$0
$0
-
Depreciation
$97,740
$86,890
-11%
Other
$3,345,783
$5,100,935
+52%
Total Expenses
$42,496,305
$55,779,987
+31%
Net income
2023
2024
Change
Net income
+$14,930,715
-$8,611
-100%
Functional Expenses
Summary
2023
2024
Change
Program
$34,832,074
$47,705,429
+37%
Admin
$3,824,323
$3,720,398
-3%
Fundraising
$3,839,908
$4,354,160
+13%
Total Expenses
$42,496,305
$55,779,987
+31%
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