Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$442,764,662
Program Services
99%
Other
1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024
$486,507,228
Salaries & Benefits
83%
Other
9%
Fees to Service Providers
8%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$54,979
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$420,685,430
$436,239,852
+4%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$3,581,215
$6,524,810
+82%
Total Revenues
$424,321,624
$442,764,662
+4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$384,666,429
$403,639,847
+5%
Fees to Service Providers
$48,471,834
$39,366,518
-19%
Advertising & Promotion
$26,042
$7,186
-72%
Offices, Occupancy & IT
$888,929
$1,640,936
+85%
Interest
$0
$0
-
Depreciation
$18,527
$22,677
+22%
Other
$15,226,595
$41,830,064
+175%
Total Expenses
$449,298,356
$486,507,228
+8%
Net income
2023
2024
Change
Net income
-$24,976,732
-$43,742,566
-75%
Functional Expenses
Summary
2023
2024
Change
Program
$384,501,154
$441,898,312
+15%
Admin
$64,797,202
$44,608,916
-31%
Fundraising
$0
$0
-
Total Expenses
$449,298,356
$486,507,228
+8%