INDEPENDENT ORDER OF FORESTERS
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$835,751,204
Program Services
68%
Other
20%
Investments
12%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$762,172,580
Benefits to Members
77%
Salaries & Benefits
12%
Offices, Occupancy & IT
4%
Other
3%
Grants
1%
Depreciation
1%
Interest
<1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$566,059,865
$566,870,346
+0%
Membership Dues
$0
$0
-
Investments
$342,090,094
$101,181,194
-70%
Other
$20,757,946
$167,699,664
+708%
Total Revenues
$928,907,905
$835,751,204
-10%
Expenses
2023
2024
Change
Grants
$9,891,251
$9,138,693
-8%
Benefits to Members
$409,273,042
$588,402,704
+44%
Salaries & Benefits
$87,633,490
$89,622,955
+2%
Fees to Service Providers
$4,914,099
$4,327,098
-12%
Advertising & Promotion
$1,208,146
$949,635
-21%
Offices, Occupancy & IT
$31,669,910
$34,180,109
+8%
Interest
$5,227,745
$5,325,442
+2%
Depreciation
$8,779,441
$7,832,420
-11%
Other
$255,990,563
$22,393,524
-91%
Total Expenses
$814,587,687
$762,172,580
-6%
Net income
2023
2024
Change
Net income
+$114,320,218
+$73,578,624
-36%
Functional Expenses
Summary
2023
2024
Change
Program
$814,587,687
$762,172,580
-6%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$814,587,687
$762,172,580
-6%
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