Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$345,463,060
Program Services
92%
Investments
3%
Other
3%
Contributions
2%
Government Grants
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$342,509,298
Salaries & Benefits
40%
Grants
22%
Other
16%
Offices, Occupancy & IT
7%
Interest
6%
Depreciation
6%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$5,984,161
$5,612,160
-6%
Government Grants
$2,349,866
$2,061,692
-12%
Fundraising Events
$41,500
$36,500
-12%
Program Services
$310,212,616
$316,526,510
+2%
Membership Dues
$0
$0
-
Investments
$3,359,982
$11,219,430
+234%
Other
$9,901,053
$10,006,768
+1%
Total Revenues
$331,849,178
$345,463,060
+4%
Expenses
2023
2024
Change
Grants
$71,412,508
$74,529,404
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$121,346,862
$136,160,305
+12%
Fees to Service Providers
$7,082,857
$7,674,771
+8%
Advertising & Promotion
$2,613,635
$2,530,585
-3%
Offices, Occupancy & IT
$24,255,331
$24,266,813
+0%
Interest
$22,180,086
$21,713,551
-2%
Depreciation
$20,888,649
$20,974,718
+0%
Other
$49,200,630
$54,659,151
+11%
Total Expenses
$318,980,558
$342,509,298
+7%
Net income
2023
2024
Change
Net income
+$12,868,620
+$2,953,762
-77%
Functional Expenses
Summary
2023
2024
Change
Program
$268,010,559
$284,800,298
+6%
Admin
$45,798,999
$51,780,000
+13%
Fundraising
$5,171,000
$5,929,000
+15%
Total Expenses
$318,980,558
$342,509,298
+7%