Income Statement

Fiscal Year: 2024
Revenues in 2024
$836,870,045
Program Services
97%
Investments
1%
Other
1%
Government Grants
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$834,894,460
Salaries & Benefits
50%
Offices, Occupancy & IT
20%
Fees to Service Providers
18%
Depreciation
7%
Other
3%
Interest
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$739,796
$3,282,765
+344%
Fundraising Events
$0
$0
-
Program Services
$792,043,784
$811,111,685
+2%
Membership Dues
$0
$0
-
Investments
$5,720,992
$11,698,606
+104%
Other
$2,839,325
$10,776,989
+280%
Total Revenues
$801,343,897
$836,870,045
+4%
Expenses
2023
2024
Change
Grants
$25,000
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$403,767,261
$415,272,839
+3%
Fees to Service Providers
$149,276,863
$154,222,894
+3%
Advertising & Promotion
$19,508,826
$2,581,881
-87%
Offices, Occupancy & IT
$148,126,152
$163,708,005
+11%
Interest
$11,008,155
$11,534,735
+5%
Depreciation
$58,658,499
$61,196,303
+4%
Other
$19,703,648
$26,377,803
+34%
Total Expenses
$810,074,404
$834,894,460
+3%
Net income
2023
2024
Change
Net income
-$8,730,507
+$1,975,585
-123%
Functional Expenses
Summary
2023
2024
Change
Program
$749,453,815
$746,029,610
0%
Admin
$60,620,589
$88,864,850
+47%
Fundraising
$0
$0
-
Total Expenses
$810,074,404
$834,894,460
+3%