Income Statement

Fiscal Year Start:
May 1
Revenues in 2025
$962,171,944
Government Grants
53%
Program Services
22%
Contributions
14%
Investments
11%
Other
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2025
$858,134,508
Salaries & Benefits
58%
Offices, Occupancy & IT
12%
Fees to Service Providers
11%
Depreciation
8%
Grants
6%
Other
3%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2024
2025
Change
Contributions
$164,670,567
$132,592,594
-19%
Government Grants
$459,276,822
$505,547,417
+10%
Fundraising Events
$115,697
$98,937
-14%
Program Services
$201,310,038
$211,994,542
+5%
Membership Dues
$0
$0
-
Investments
$45,525,951
$107,243,772
+136%
Other
$72,592,457
$4,694,682
-94%
Total Revenues
$943,491,532
$962,171,944
+2%
Expenses
2024
2025
Change
Grants
$54,849,522
$54,074,122
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$485,856,493
$501,921,103
+3%
Fees to Service Providers
$98,726,137
$97,509,787
-1%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$103,725,601
$101,633,348
-2%
Interest
-$643,479
$4,893,059
-860%
Depreciation
$70,881,272
$71,202,707
+0%
Other
$25,254,792
$26,900,382
+7%
Total Expenses
$838,650,338
$858,134,508
+2%
Net income
2024
2025
Change
Net income
+$104,841,194
+$104,037,436
-1%
Functional Expenses
Summary
2024
2025
Change
Program
$661,578,531
$678,668,055
+3%
Admin
$168,520,985
$168,191,687
0%
Fundraising
$8,550,822
$11,274,766
+32%
Total Expenses
$838,650,338
$858,134,508
+2%