Income Statement

Fiscal Year: 2024
Revenues in 2024
$120,379,765
Government Grants
50%
Program Services
30%
Contributions
18%
Other
2%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$113,857,944
Salaries & Benefits
51%
Other
22%
Grants
11%
Fees to Service Providers
7%
Offices, Occupancy & IT
6%
Depreciation
2%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$20,434,246
$21,174,082
+4%
Government Grants
$47,887,952
$59,793,364
+25%
Fundraising Events
$44,856
$92,650
+107%
Program Services
$30,995,017
$36,463,826
+18%
Membership Dues
$0
$0
-
Investments
$768,615
$547,916
-29%
Other
$1,413,208
$2,307,927
+63%
Total Revenues
$101,543,894
$120,379,765
+19%
Expenses
2023
2024
Change
Grants
$9,657,766
$12,683,399
+31%
Benefits to Members
$0
$0
-
Salaries & Benefits
$51,653,439
$58,338,567
+13%
Fees to Service Providers
$7,034,848
$7,995,105
+14%
Advertising & Promotion
$570,688
$567,959
0%
Offices, Occupancy & IT
$6,719,961
$6,947,014
+3%
Interest
$237,107
$342,444
+44%
Depreciation
$2,044,241
$2,274,239
+11%
Other
$22,097,284
$24,709,217
+12%
Total Expenses
$100,015,334
$113,857,944
+14%
Net income
2023
2024
Change
Net income
+$1,528,560
+$6,521,821
+327%
Functional Expenses
Summary
2023
2024
Change
Program
$86,955,501
$97,318,070
+12%
Admin
$10,833,522
$14,212,447
+31%
Fundraising
$2,226,311
$2,327,427
+5%
Total Expenses
$100,015,334
$113,857,944
+14%