Income Statement

Fiscal Year: 2024
Revenues in 2024
$650,125,285
Program Services
93%
Investments
3%
Government Grants
2%
Other
1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$609,402,884
Salaries & Benefits
59%
Other
23%
Fees to Service Providers
9%
Depreciation
4%
Offices, Occupancy & IT
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$466,172
$298,716
-36%
Government Grants
$19,002,914
$15,407,672
-19%
Fundraising Events
$0
$0
-
Program Services
$554,953,392
$604,714,212
+9%
Membership Dues
$0
$0
-
Investments
$5,070,209
$21,881,603
+332%
Other
$5,073,154
$7,823,082
+54%
Total Revenues
$584,565,841
$650,125,285
+11%
Expenses
2023
2024
Change
Grants
$135,977
$124,860
-8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$336,784,490
$359,951,084
+7%
Fees to Service Providers
$50,262,234
$54,283,242
+8%
Advertising & Promotion
$2,321,563
$2,316,005
0%
Offices, Occupancy & IT
$18,444,003
$20,341,643
+10%
Interest
$5,238,353
$4,951,471
-5%
Depreciation
$25,546,623
$24,334,739
-5%
Other
$126,800,132
$143,099,840
+13%
Total Expenses
$565,533,375
$609,402,884
+8%
Net income
2023
2024
Change
Net income
+$19,032,466
+$40,722,401
+114%
Functional Expenses
Summary
2023
2024
Change
Program
$451,139,475
$481,515,119
+7%
Admin
$114,393,900
$127,887,765
+12%
Fundraising
$0
$0
-
Total Expenses
$565,533,375
$609,402,884
+8%