Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$780,455,891
Program Services
84%
Other
10%
Government Grants
3%
Investments
2%
Contributions
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$732,099,492
Salaries & Benefits
58%
Other
22%
Fees to Service Providers
10%
Depreciation
5%
Offices, Occupancy & IT
4%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,300,851
$7,509,621
+226%
Government Grants
$41,931,239
$21,843,234
-48%
Fundraising Events
$1,416,890
$1,525,685
+8%
Program Services
$615,959,952
$656,381,276
+7%
Membership Dues
$0
$0
-
Investments
$12,676,874
$12,138,841
-4%
Other
$86,298,722
$81,057,234
-6%
Total Revenues
$760,584,528
$780,455,891
+3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$398,692,689
$423,684,987
+6%
Fees to Service Providers
$67,273,834
$73,479,188
+9%
Advertising & Promotion
$1,608,015
$1,194,248
-26%
Offices, Occupancy & IT
$28,715,102
$27,246,560
-5%
Interest
$4,665,149
$4,698,154
+1%
Depreciation
$35,751,119
$38,059,858
+6%
Other
$153,539,276
$163,736,497
+7%
Total Expenses
$690,245,184
$732,099,492
+6%
Net income
2023
2024
Change
Net income
+$70,339,344
+$48,356,399
-31%
Functional Expenses
Summary
2023
2024
Change
Program
$623,901,530
$663,628,951
+6%
Admin
$65,612,125
$67,895,046
+3%
Fundraising
$731,529
$575,495
-21%
Total Expenses
$690,245,184
$732,099,492
+6%