Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2022
$498,258,802
Program Services
91%
Government Grants
3%
Other
3%
Investments
2%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2022
$483,196,591
Salaries & Benefits
41%
Fees to Service Providers
30%
Other
22%
Depreciation
3%
Offices, Occupancy & IT
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2021
2022
Change
Contributions
$1,187,392
$2,576,149
+117%
Government Grants
$10,062,607
$16,810,495
+67%
Fundraising Events
$0
$0
-
Program Services
$389,568,176
$453,923,296
+17%
Membership Dues
$0
$0
-
Investments
$5,170,719
$11,720,972
+127%
Other
-$2,451,883
$13,227,890
-639%
Total Revenues
$403,537,011
$498,258,802
+23%
Expenses
2021
2022
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$169,401,032
$199,238,191
+18%
Fees to Service Providers
$75,961,861
$142,939,760
+88%
Advertising & Promotion
$1,864
$41,210
+2111%
Offices, Occupancy & IT
$10,499,474
$14,445,575
+38%
Interest
$2,645,440
$3,829,852
+45%
Depreciation
$12,871,248
$16,076,683
+25%
Other
$100,825,754
$106,625,320
+6%
Total Expenses
$372,206,673
$483,196,591
+30%
Net income
2021
2022
Change
Net income
+$31,330,338
+$15,062,211
-52%
Functional Expenses
Summary
2021
2022
Change
Program
$341,883,131
$450,934,950
+32%
Admin
$30,323,542
$32,261,641
+6%
Fundraising
$0
$0
-
Total Expenses
$372,206,673
$483,196,591
+30%