Income Statement

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Revenues in 2024
$531,195,042
Program Services
91%
Other
6%
Investments
2%
Contributions
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$505,841,119
Salaries & Benefits
53%
Other
23%
Fees to Service Providers
11%
Depreciation
6%
Offices, Occupancy & IT
6%
Interest
1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,965,647
$1,919,472
-35%
Government Grants
$1,426,353
$1,131,963
-21%
Fundraising Events
$0
$0
-
Program Services
$442,687,832
$484,282,446
+9%
Membership Dues
$0
$0
-
Investments
$11,270,564
$12,964,306
+15%
Other
$12,147,089
$30,896,855
+154%
Total Revenues
$470,497,485
$531,195,042
+13%
Expenses
2023
2024
Change
Grants
$1,203,425
$709,932
-41%
Benefits to Members
$0
$0
-
Salaries & Benefits
$261,077,681
$266,489,342
+2%
Fees to Service Providers
$47,623,755
$53,602,784
+13%
Advertising & Promotion
$805,617
$917,028
+14%
Offices, Occupancy & IT
$30,341,266
$30,849,082
+2%
Interest
$5,255,851
$5,216,947
-1%
Depreciation
$37,738,556
$31,296,489
-17%
Other
$107,487,080
$116,759,515
+9%
Total Expenses
$491,533,231
$505,841,119
+3%
Net income
2023
2024
Change
Net income
-$21,035,746
+$25,353,923
-221%
Functional Expenses
Summary
2023
2024
Change
Program
$390,674,666
$404,775,935
+4%
Admin
$100,858,565
$101,065,184
+0%
Fundraising
$0
$0
-
Total Expenses
$491,533,231
$505,841,119
+3%