Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$396,594,783
Program Services
92%
Investments
4%
Other
2%
Government Grants
1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$371,192,228
Salaries & Benefits
49%
Other
30%
Fees to Service Providers
10%
Offices, Occupancy & IT
7%
Depreciation
3%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$3,428,555
$4,299,158
+25%
Fundraising Events
$0
$0
-
Program Services
$281,162,880
$366,419,215
+30%
Membership Dues
$0
$0
-
Investments
$12,036,800
$17,470,679
+45%
Other
$9,163,216
$8,405,731
-8%
Total Revenues
$305,791,451
$396,594,783
+30%
Expenses
2023
2024
Change
Grants
$101,950
$89,249
-12%
Benefits to Members
$0
$0
-
Salaries & Benefits
$172,533,658
$182,099,538
+6%
Fees to Service Providers
$39,252,238
$37,635,191
-4%
Advertising & Promotion
$1,019,849
$809,372
-21%
Offices, Occupancy & IT
$22,695,729
$24,293,569
+7%
Interest
$1,845,603
$1,685,274
-9%
Depreciation
$14,519,476
$12,368,692
-15%
Other
$54,131,911
$112,211,343
+107%
Total Expenses
$306,100,414
$371,192,228
+21%
Net income
2023
2024
Change
Net income
-$308,963
+$25,402,555
-8322%
Functional Expenses
Summary
2023
2024
Change
Program
$247,136,308
$321,180,570
+30%
Admin
$58,964,106
$50,011,658
-15%
Fundraising
$0
$0
-
Total Expenses
$306,100,414
$371,192,228
+21%