Income Statement

Fiscal Year: 2024
Revenues in 2024
$115,805,997
Contributions
85%
Investments
13%
Other
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$81,881,326
Grants
72%
Salaries & Benefits
16%
Other
3%
Fees to Service Providers
3%
Advertising & Promotion
2%
Offices, Occupancy & IT
2%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$60,038,269
$98,097,580
+63%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$9,629,071
$15,063,442
+56%
Other
$16,731,888
$2,644,975
-84%
Total Revenues
$86,399,228
$115,805,997
+34%
Expenses
2023
2024
Change
Grants
$68,693,234
$58,828,783
-14%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,579,915
$13,380,588
+6%
Fees to Service Providers
$2,190,107
$2,496,588
+14%
Advertising & Promotion
$787,454
$2,033,506
+158%
Offices, Occupancy & IT
$1,485,629
$1,573,496
+6%
Interest
$516,992
$535,311
+4%
Depreciation
$397,122
$378,067
-5%
Other
$5,364,861
$2,654,987
-51%
Total Expenses
$92,015,314
$81,881,326
-11%
Net income
2023
2024
Change
Net income
-$5,616,086
+$33,924,671
-704%
Functional Expenses
Summary
2023
2024
Change
Program
$71,584,242
$60,867,576
-15%
Admin
$9,021,656
$6,802,340
-25%
Fundraising
$11,409,416
$14,211,410
+25%
Total Expenses
$92,015,314
$81,881,326
-11%