Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$1,391,036,296
Program Services
79%
Investments
9%
Other
8%
Government Grants
2%
Contributions
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,282,554,955
Other
39%
Salaries & Benefits
33%
Fees to Service Providers
18%
Interest
7%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$20,511,306
-
Government Grants
$88,582,028
$31,516,316
-64%
Fundraising Events
$0
$0
-
Program Services
$1,039,933,735
$1,099,633,301
+6%
Membership Dues
$0
$0
-
Investments
$58,101,545
$121,884,307
+110%
Other
$8,296,076
$117,491,066
+1316%
Total Revenues
$1,194,913,384
$1,391,036,296
+16%
Expenses
2023
2024
Change
Grants
$601,524
$401,081
-33%
Benefits to Members
$0
$0
-
Salaries & Benefits
$260,224,346
$427,591,426
+64%
Fees to Service Providers
$316,708,530
$235,721,917
-26%
Advertising & Promotion
$13,780,869
$10,901,515
-21%
Offices, Occupancy & IT
$10,316,176
$7,362,459
-29%
Interest
$85,604,545
$91,638,343
+7%
Depreciation
$4,335,833
$6,612,711
+53%
Other
$493,184,653
$502,325,503
+2%
Total Expenses
$1,184,756,476
$1,282,554,955
+8%
Net income
2023
2024
Change
Net income
+$10,156,908
+$108,481,341
+968%
Functional Expenses
Summary
2023
2024
Change
Program
$827,501,475
$839,781,793
+1%
Admin
$357,255,001
$442,210,505
+24%
Fundraising
$0
$562,657
-
Total Expenses
$1,184,756,476
$1,282,554,955
+8%