Income Statement

Fiscal Year: 2025
Revenues in 2025
$196,245,221
Government Grants
99%
Contributions
1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Expenses in 2025
$196,616,406
Grants
81%
Salaries & Benefits
11%
Other
7%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$2,194,426
$2,334,955
+6%
Government Grants
$297,752,259
$193,904,474
-35%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$17,740
$5,792
-67%
Total Revenues
$299,964,425
$196,245,221
-35%
Expenses
2024
2025
Change
Grants
$258,907,859
$159,161,303
-39%
Benefits to Members
$0
$0
-
Salaries & Benefits
$19,832,565
$21,563,055
+9%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$5,900
$37,592
+537%
Offices, Occupancy & IT
$2,017,906
$1,956,524
-3%
Interest
$0
$0
-
Depreciation
$172,739
$173,940
+1%
Other
$19,014,408
$13,723,992
-28%
Total Expenses
$299,951,377
$196,616,406
-34%
Net income
2024
2025
Change
Net income
+$13,048
-$371,185
-2945%
Functional Expenses
Summary
2024
2025
Change
Program
$298,049,013
$194,478,666
-35%
Admin
$1,902,364
$2,137,740
+12%
Fundraising
$0
$0
-
Total Expenses
$299,951,377
$196,616,406
-34%