Income Statement

Fiscal Year: 2024
Revenues in 2024
$336,004,257
Program Services
67%
Investments
31%
Other
2%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$269,692,868
Benefits to Members
55%
Salaries & Benefits
20%
Interest
10%
Offices, Occupancy & IT
7%
Other
4%
Advertising & Promotion
2%
Depreciation
2%
Fees to Service Providers
<1%
Grants
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$184,538,556
$225,126,989
+22%
Membership Dues
$0
$0
-
Investments
$96,524,407
$105,654,046
+9%
Other
$2,601,560
$5,223,222
+101%
Total Revenues
$283,664,523
$336,004,257
+18%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$106,206,356
$147,868,941
+39%
Salaries & Benefits
$48,924,420
$53,179,493
+9%
Fees to Service Providers
$538,400
$989,984
+84%
Advertising & Promotion
$4,940,872
$5,332,287
+8%
Offices, Occupancy & IT
$18,111,233
$19,086,925
+5%
Interest
$24,785,401
$27,015,509
+9%
Depreciation
$4,218,929
$4,104,201
-3%
Other
$10,363,982
$12,115,528
+17%
Total Expenses
$218,089,593
$269,692,868
+24%
Net income
2023
2024
Change
Net income
+$65,574,930
+$66,311,389
+1%
Functional Expenses
Summary
2023
2024
Change
Program
-
-
-
Admin
-
-
-
Fundraising
-
-
-
Total Expenses
$218,089,593
$269,692,868
+24%