Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$61,413,214
Program Services
82%
Government Grants
15%
Other
2%
Contributions
1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$51,228,963
Salaries & Benefits
75%
Offices, Occupancy & IT
10%
Other
9%
Fees to Service Providers
2%
Depreciation
2%
Interest
<1%
Grants
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$993,961
$703,485
-29%
Government Grants
$9,296,838
$9,219,713
-1%
Fundraising Events
$0
$0
-
Program Services
$42,510,624
$50,168,923
+18%
Membership Dues
$0
$0
-
Investments
$88,673
$326,551
+268%
Other
$83,247
$994,542
+1095%
Total Revenues
$52,973,343
$61,413,214
+16%
Expenses
2023
2024
Change
Grants
$0
$50,899
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$32,065,858
$38,476,520
+20%
Fees to Service Providers
$1,367,006
$1,091,469
-20%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$5,484,029
$5,343,225
-3%
Interest
$239,992
$382,661
+59%
Depreciation
$779,715
$1,073,973
+38%
Other
$4,052,268
$4,810,216
+19%
Total Expenses
$43,988,868
$51,228,963
+16%
Net income
2023
2024
Change
Net income
+$8,984,475
+$10,184,251
+13%
Functional Expenses
Summary
2023
2024
Change
Program
$31,211,335
$35,955,152
+15%
Admin
$12,777,533
$15,273,811
+20%
Fundraising
$0
$0
-
Total Expenses
$43,988,868
$51,228,963
+16%