Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$316,911,164
Program Services
73%
Government Grants
17%
Other
7%
Investments
2%
Contributions
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$299,339,045
Salaries & Benefits
60%
Other
16%
Fees to Service Providers
14%
Offices, Occupancy & IT
7%
Depreciation
3%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$6,387,151
$5,111,490
-20%
Government Grants
$61,986,106
$53,598,789
-14%
Fundraising Events
$0
$0
-
Program Services
$205,488,221
$231,022,796
+12%
Membership Dues
$0
$0
-
Investments
$5,108,580
$6,404,868
+25%
Other
$17,619,439
$20,773,221
+18%
Total Revenues
$296,589,497
$316,911,164
+7%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$171,447,088
$179,737,384
+5%
Fees to Service Providers
$37,157,305
$42,143,973
+13%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$20,294,870
$19,962,157
-2%
Interest
$41,705
$26,004
-38%
Depreciation
$9,417,225
$8,592,285
-9%
Other
$40,836,721
$48,877,242
+20%
Total Expenses
$279,194,914
$299,339,045
+7%
Net income
2023
2024
Change
Net income
+$17,394,583
+$17,572,119
+1%
Functional Expenses
Summary
2023
2024
Change
Program
$239,885,397
$250,977,495
+5%
Admin
$38,653,195
$47,375,953
+23%
Fundraising
$656,322
$985,597
+50%
Total Expenses
$279,194,914
$299,339,045
+7%