LOW INCOME INVESTMENT FUND
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$88,297,355
Program Services
N/A
Government Grants
N/A
Investments
N/A
Contributions
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024
$81,808,063
Salaries & Benefits
36%
Grants
31%
Interest
19%
Fees to Service Providers
6%
Other
4%
Offices, Occupancy & IT
3%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$6,449,069
$2,904,900
-55%
Government Grants
$63,120,651
$38,701,777
-39%
Fundraising Events
$0
$0
-
Program Services
$35,244,487
$43,577,903
+24%
Membership Dues
$0
$0
-
Investments
$2,514,195
$3,276,158
+30%
Other
$624,298
-$163,383
-126%
Total Revenues
$107,952,700
$88,297,355
-18%
Expenses
2023
2024
Change
Grants
$55,148,088
$25,313,435
-54%
Benefits to Members
$0
$0
-
Salaries & Benefits
$25,238,517
$29,476,744
+17%
Fees to Service Providers
$4,380,372
$4,983,097
+14%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,716,464
$2,772,459
+2%
Interest
$11,577,888
$15,376,270
+33%
Depreciation
$356,428
$393,025
+10%
Other
$3,492,374
$3,493,033
+0%
Total Expenses
$102,910,131
$81,808,063
-21%
Net income
2023
2024
Change
Net income
+$5,042,569
+$6,489,292
+29%
Functional Expenses
Summary
2023
2024
Change
Program
$88,614,432
$66,693,481
-25%
Admin
$11,685,004
$11,871,307
+2%
Fundraising
$2,610,695
$3,243,275
+24%
Total Expenses
$102,910,131
$81,808,063
-21%
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