Income Statement

Fiscal Year: 2024
Aug 1, 2023 – Jul 31, 2024
Revenues in 2024
$3,074,841,004
Program Services
67%
Government Grants
16%
Other
9%
Contributions
6%
Investments
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$2,612,163,228
Salaries & Benefits
34%
Other
28%
Offices, Occupancy & IT
18%
Grants
8%
Depreciation
7%
Fees to Service Providers
3%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$141,352,538
$174,655,107
+24%
Government Grants
$463,350,326
$494,092,138
+7%
Fundraising Events
$0
$0
-
Program Services
$1,926,680,012
$2,054,153,052
+7%
Membership Dues
$0
$0
-
Investments
$60,378,377
$88,833,566
+47%
Other
$206,734,386
$263,107,141
+27%
Total Revenues
$2,798,495,639
$3,074,841,004
+10%
Expenses
2023
2024
Change
Grants
$187,674,459
$197,546,113
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,088,734,483
$894,444,406
-18%
Fees to Service Providers
$62,323,353
$71,469,426
+15%
Advertising & Promotion
$15,430,023
$17,197,904
+11%
Offices, Occupancy & IT
$413,602,056
$476,911,791
+15%
Interest
$57,530,363
$40,643,026
-29%
Depreciation
$154,307,513
$184,239,153
+19%
Other
$672,520,609
$729,711,409
+9%
Total Expenses
$2,652,122,859
$2,612,163,228
-2%
Net income
2023
2024
Change
Net income
+$146,372,780
+$462,677,776
+216%
Functional Expenses
Summary
2023
2024
Change
Program
$2,363,906,834
$2,285,111,456
-3%
Admin
$288,216,025
$327,051,772
+13%
Fundraising
$0
$0
-
Total Expenses
$2,652,122,859
$2,612,163,228
-2%