Income Statement

Fiscal Year: 2025
Revenues in 2025
$1,269,761,785
Government Grants
49%
Program Services
32%
Contributions
13%
Investments
7%
Fundraising Events
<1%
Other
<1%
Membership Dues
0%
Expenses in 2025
$1,223,975,336
Salaries & Benefits
54%
Offices, Occupancy & IT
18%
Depreciation
10%
Other
8%
Grants
8%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$143,531,170
$159,494,296
+11%
Government Grants
$628,821,553
$619,904,509
-1%
Fundraising Events
$101,106
$52,469
-48%
Program Services
$381,906,702
$403,034,429
+6%
Membership Dues
$0
$0
-
Investments
$86,918,905
$87,274,295
+0%
Other
$28,165
$1,787
-94%
Total Revenues
$1,241,307,601
$1,269,761,785
+2%
Expenses
2024
2025
Change
Grants
$97,365,585
$101,121,771
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$645,905,462
$661,660,163
+2%
Fees to Service Providers
$11,684,979
$11,128,753
-5%
Advertising & Promotion
$6,069,665
$6,639,775
+9%
Offices, Occupancy & IT
$216,579,408
$216,115,674
0%
Interest
$4,730,323
$4,329,426
-8%
Depreciation
$120,402,602
$119,632,475
-1%
Other
$99,607,336
$103,347,299
+4%
Total Expenses
$1,202,345,360
$1,223,975,336
+2%
Net income
2024
2025
Change
Net income
+$38,962,241
+$45,786,449
+18%
Functional Expenses
Summary
2024
2025
Change
Program
$1,141,288,082
$1,149,432,357
+1%
Admin
$42,949,586
$55,442,209
+29%
Fundraising
$18,107,692
$19,100,770
+5%
Total Expenses
$1,202,345,360
$1,223,975,336
+2%