Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$272,705,520
Program Services
84%
Government Grants
15%
Other
<1%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$286,474,267
Salaries & Benefits
56%
Other
37%
Offices, Occupancy & IT
3%
Fees to Service Providers
3%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$424,631
$707,440
+67%
Government Grants
$39,536,943
$40,007,455
+1%
Fundraising Events
$0
$0
-
Program Services
$218,016,938
$228,594,090
+5%
Membership Dues
$0
$0
-
Investments
$256,457
$873,101
+240%
Other
$4,730,842
$2,523,434
-47%
Total Revenues
$262,965,811
$272,705,520
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$174,201,978
$159,423,571
-8%
Fees to Service Providers
$9,733,645
$9,058,174
-7%
Advertising & Promotion
$5,106
$0
-100%
Offices, Occupancy & IT
$14,022,007
$9,659,391
-31%
Interest
$0
$0
-
Depreciation
$1,823,317
$1,821,521
0%
Other
$96,754,014
$106,511,610
+10%
Total Expenses
$296,540,067
$286,474,267
-3%
Net income
2023
2024
Change
Net income
-$33,574,256
-$13,768,747
+59%
Functional Expenses
Summary
2023
2024
Change
Program
$207,975,958
$215,744,609
+4%
Admin
$88,564,109
$70,729,658
-20%
Fundraising
$0
$0
-
Total Expenses
$296,540,067
$286,474,267
-3%