Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025
$1,858,824,863
Government Grants
54%
Contributions
29%
Program Services
11%
Other
5%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$1,648,805,410
Salaries & Benefits
51%
Other
21%
Offices, Occupancy & IT
12%
Fees to Service Providers
8%
Depreciation
5%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$445,859,656
$540,525,678
+21%
Government Grants
$731,067,944
$1,004,661,492
+37%
Fundraising Events
$0
$0
-
Program Services
$199,089,889
$208,736,230
+5%
Membership Dues
$0
$0
-
Investments
$12,107,720
$16,248,700
+34%
Other
$55,410,864
$88,652,763
+60%
Total Revenues
$1,443,536,073
$1,858,824,863
+29%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$769,343,268
$847,272,262
+10%
Fees to Service Providers
$106,516,975
$137,831,793
+29%
Advertising & Promotion
$3,252,868
$3,970,294
+22%
Offices, Occupancy & IT
$167,968,271
$203,540,957
+21%
Interest
$15,493,248
$13,766,426
-11%
Depreciation
$91,493,438
$90,373,793
-1%
Other
$304,612,308
$352,049,885
+16%
Total Expenses
$1,458,680,376
$1,648,805,410
+13%
Net income
2024
2025
Change
Net income
-$15,144,303
+$210,019,453
-1487%
Functional Expenses
Summary
2024
2025
Change
Program
$1,245,227,109
$1,366,634,878
+10%
Admin
$213,433,317
$282,148,367
+32%
Fundraising
$19,950
$22,165
+11%
Total Expenses
$1,458,680,376
$1,648,805,410
+13%