Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$111,556,790
Program Services
89%
Government Grants
8%
Investments
2%
Contributions
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$106,607,285
Salaries & Benefits
67%
Other
13%
Fees to Service Providers
6%
Interest
6%
Offices, Occupancy & IT
5%
Depreciation
3%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$314,813
$380,108
+21%
Government Grants
$8,504,772
$9,339,654
+10%
Fundraising Events
$0
$0
-
Program Services
$78,161,613
$99,238,527
+27%
Membership Dues
$0
$0
-
Investments
$1,230,246
$2,313,582
+88%
Other
$317,327
$284,919
-10%
Total Revenues
$88,528,771
$111,556,790
+26%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$60,613,455
$70,939,320
+17%
Fees to Service Providers
$7,255,038
$6,342,831
-13%
Advertising & Promotion
$18,522
$12,208
-34%
Offices, Occupancy & IT
$8,892,336
$5,659,120
-36%
Interest
$6,022,984
$6,178,924
+3%
Depreciation
$3,525,631
$3,614,656
+3%
Other
$7,570,642
$13,860,226
+83%
Total Expenses
$93,898,608
$106,607,285
+14%
Net income
2023
2024
Change
Net income
-$5,369,837
+$4,949,505
-192%
Functional Expenses
Summary
2023
2024
Change
Program
$82,941,177
$95,093,569
+15%
Admin
$10,957,431
$11,513,716
+5%
Fundraising
$0
$0
-
Total Expenses
$93,898,608
$106,607,285
+14%