Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$124,882,349
Contributions
67%
Other
22%
Investments
10%
Program Services
2%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$209,866,373
Grants
88%
Salaries & Benefits
8%
Offices, Occupancy & IT
2%
Other
1%
Fees to Service Providers
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$83,347,747
$83,780,134
+1%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,620,979
$1,925,496
+19%
Membership Dues
$0
$0
-
Investments
$8,974,840
$12,021,271
+34%
Other
-$4,462,462
$27,155,448
-709%
Total Revenues
$89,481,104
$124,882,349
+40%
Expenses
2023
2024
Change
Grants
$30,123,290
$185,067,928
+514%
Benefits to Members
$0
$0
-
Salaries & Benefits
$14,658,611
$16,333,794
+11%
Fees to Service Providers
$1,483,618
$1,412,967
-5%
Advertising & Promotion
$39,074
$75,781
+94%
Offices, Occupancy & IT
$3,839,874
$3,441,451
-10%
Interest
$0
$0
-
Depreciation
$608,645
$591,550
-3%
Other
$2,403,701
$2,942,902
+22%
Total Expenses
$53,156,813
$209,866,373
+295%
Net income
2023
2024
Change
Net income
+$36,324,291
-$84,984,024
-334%
Functional Expenses
Summary
2023
2024
Change
Program
$36,943,690
$192,864,722
+422%
Admin
$6,102,193
$6,182,514
+1%
Fundraising
$10,110,930
$10,819,137
+7%
Total Expenses
$53,156,813
$209,866,373
+295%