Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
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Revenues in 2024
$60,559,630
Contributions
70%
Other
18%
Investments
13%
Government Grants
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$37,455,302
Grants
83%
Salaries & Benefits
9%
Fees to Service Providers
4%
Other
2%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$22,280,910
$42,100,612
+89%
Government Grants
$2,675,500
$100,000
-96%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$7,082,315
$7,700,030
+9%
Other
$3,010,669
$10,658,988
+254%
Total Revenues
$35,049,394
$60,559,630
+73%
Expenses
2023
2024
Change
Grants
$27,082,345
$31,170,903
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,992,709
$3,199,296
+7%
Fees to Service Providers
$1,038,528
$1,399,914
+35%
Advertising & Promotion
$100,822
$165,407
+64%
Offices, Occupancy & IT
$378,753
$370,796
-2%
Interest
$98,376
$94,319
-4%
Depreciation
$260,705
$262,101
+1%
Other
$559,255
$792,566
+42%
Total Expenses
$32,511,493
$37,455,302
+15%
Net income
2023
2024
Change
Net income
+$2,537,901
+$23,104,328
+810%
Functional Expenses
Summary
2023
2024
Change
Program
$28,391,369
$32,926,924
+16%
Admin
$3,126,415
$3,548,033
+13%
Fundraising
$993,709
$980,345
-1%
Total Expenses
$32,511,493
$37,455,302
+15%