Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$829,413,442
Program Services
90%
Investments
8%
Other
2%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$680,152,586
Interest
52%
Salaries & Benefits
25%
Other
13%
Offices, Occupancy & IT
7%
Depreciation
1%
Advertising & Promotion
1%
Fees to Service Providers
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$639,865,963
$744,009,952
+16%
Membership Dues
$0
$0
-
Investments
$35,730,234
$70,367,204
+97%
Other
$16,451,080
$15,036,286
-9%
Total Revenues
$692,047,277
$829,413,442
+20%
Expenses
2023
2024
Change
Grants
$160,000
$289,000
+81%
Benefits to Members
$0
$0
-
Salaries & Benefits
$150,502,277
$167,130,528
+11%
Fees to Service Providers
$2,464,387
$5,881,962
+139%
Advertising & Promotion
$8,516,901
$9,071,892
+7%
Offices, Occupancy & IT
$41,122,890
$48,582,386
+18%
Interest
$223,317,746
$350,648,139
+57%
Depreciation
$8,850,865
$9,361,298
+6%
Other
$84,891,737
$89,187,381
+5%
Total Expenses
$519,826,803
$680,152,586
+31%
Net income
2023
2024
Change
Net income
+$172,220,474
+$149,260,856
-13%
Functional Expenses
Summary
2023
2024
Change
Program
$0
-
-
Admin
$0
-
-
Fundraising
$0
-
-
Total Expenses
$519,826,803
$680,152,586
+31%