Income Statement

Fiscal Year: 2024
Sep 1, 2023 – Aug 31, 2024
Revenues in 2024
$334,156,209
Program Services
93%
Other
5%
Investments
3%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$291,736,724
Benefits to Members
93%
Other
3%
Salaries & Benefits
2%
Fees to Service Providers
<1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Grants
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$246,474,105
$309,995,511
+26%
Membership Dues
$0
$0
-
Investments
$5,310,052
$8,862,489
+67%
Other
$1,924,587
$15,298,209
+695%
Total Revenues
$253,708,744
$334,156,209
+32%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$203,185,787
$272,635,830
+34%
Salaries & Benefits
$4,536,604
$5,259,375
+16%
Fees to Service Providers
$1,981,276
$2,214,149
+12%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,486,021
$1,885,221
+27%
Interest
$0
$0
-
Depreciation
$109,812
$91,770
-16%
Other
$7,820,172
$9,650,379
+23%
Total Expenses
$219,119,672
$291,736,724
+33%
Net income
2023
2024
Change
Net income
+$34,589,072
+$42,419,485
+23%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$219,119,672
$291,736,724
+33%