Food For The Hungry Inc
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$180,203,598
Government Grants
53%
Contributions
45%
Other
1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$192,052,437
Grants
68%
Salaries & Benefits
13%
Fees to Service Providers
11%
Offices, Occupancy & IT
3%
Advertising & Promotion
3%
Other
2%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$97,092,264
$81,301,973
-16%
Government Grants
$64,366,921
$96,394,941
+50%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$246,504
$426,477
+73%
Other
$2,159,685
$2,080,207
-4%
Total Revenues
$163,865,374
$180,203,598
+10%
Expenses
2023
2024
Change
Grants
$106,108,797
$130,926,269
+23%
Benefits to Members
$0
$0
-
Salaries & Benefits
$26,153,874
$25,530,901
-2%
Fees to Service Providers
$3,482,158
$20,308,526
+483%
Advertising & Promotion
$17,057,271
$4,983,620
-71%
Offices, Occupancy & IT
$4,909,429
$5,631,584
+15%
Interest
$0
$0
-
Depreciation
$203,789
$711,860
+249%
Other
$3,807,028
$3,959,677
+4%
Total Expenses
$161,722,346
$192,052,437
+19%
Net income
2023
2024
Change
Net income
+$2,143,028
-$11,848,839
-653%
Functional Expenses
Summary
2023
2024
Change
Program
$124,816,767
$149,140,968
+19%
Admin
$12,635,907
$15,041,057
+19%
Fundraising
$24,269,672
$27,870,412
+15%
Total Expenses
$161,722,346
$192,052,437
+19%
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