Income Statement

Fiscal Year Start:
May 1
Revenues in 2025
$180,786,092
Government Grants
52%
Program Services
38%
Investments
6%
Contributions
4%
Other
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2025
$149,708,730
Salaries & Benefits
63%
Offices, Occupancy & IT
10%
Other
9%
Grants
7%
Depreciation
5%
Fees to Service Providers
5%
Interest
1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2024
2025
Change
Contributions
$9,815,533
$7,022,813
-28%
Government Grants
$75,114,385
$94,693,887
+26%
Fundraising Events
$42,900
$35,009
-18%
Program Services
$70,911,752
$68,607,206
-3%
Membership Dues
$0
$0
-
Investments
$7,484,382
$10,310,920
+38%
Other
$141,595
$116,257
-18%
Total Revenues
$163,510,547
$180,786,092
+11%
Expenses
2024
2025
Change
Grants
$10,177,691
$10,064,216
-1%
Benefits to Members
$562,218
$0
-100%
Salaries & Benefits
$89,797,314
$94,624,280
+5%
Fees to Service Providers
$6,540,740
$7,199,928
+10%
Advertising & Promotion
$190,904
$0
-100%
Offices, Occupancy & IT
$7,792,106
$14,709,078
+89%
Interest
$1,987,563
$1,889,427
-5%
Depreciation
$8,244,111
$8,119,684
-2%
Other
$18,524,111
$13,102,117
-29%
Total Expenses
$143,816,758
$149,708,730
+4%
Net income
2024
2025
Change
Net income
+$19,693,789
+$31,077,362
+58%
Functional Expenses
Summary
2024
2025
Change
Program
$114,128,468
$119,992,735
+5%
Admin
$28,530,871
$28,522,029
0%
Fundraising
$1,157,419
$1,193,964
+3%
Total Expenses
$143,816,758
$149,708,730
+4%