Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$702,409,132
Contributions
96%
Program Services
3%
Government Grants
<1%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$616,253,124
Grants
91%
Salaries & Benefits
4%
Other
2%
Fees to Service Providers
2%
Offices, Occupancy & IT
<1%
Advertising & Promotion
<1%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$256,688,007
$674,671,501
+163%
Government Grants
$7,922,000
$4,496,109
-43%
Fundraising Events
$0
$0
-
Program Services
$7,800,736
$18,290,178
+134%
Membership Dues
$0
$0
-
Investments
$1,749,214
$3,813,027
+118%
Other
$4,506,869
$1,138,317
-75%
Total Revenues
$278,666,826
$702,409,132
+152%
Expenses
2023
2024
Change
Grants
$234,595,050
$559,886,225
+139%
Benefits to Members
$0
$0
-
Salaries & Benefits
$24,408,251
$25,176,337
+3%
Fees to Service Providers
$5,826,166
$11,492,334
+97%
Advertising & Promotion
$1,484,097
$1,637,603
+10%
Offices, Occupancy & IT
$4,786,717
$5,467,323
+14%
Interest
$36,044
$22,558
-37%
Depreciation
$589,826
$584,093
-1%
Other
$11,243,532
$11,986,651
+7%
Total Expenses
$282,969,683
$616,253,124
+118%
Net income
2023
2024
Change
Net income
-$4,302,857
+$86,156,008
-2102%
Functional Expenses
Summary
2023
2024
Change
Program
$273,079,650
$604,474,723
+121%
Admin
$9,140,690
$11,045,641
+21%
Fundraising
$749,343
$732,760
-2%
Total Expenses
$282,969,683
$616,253,124
+118%