Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$103,443,220
Program Services
80%
Other
14%
Investments
3%
Contributions
3%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$82,609,413
Salaries & Benefits
47%
Other
17%
Depreciation
13%
Offices, Occupancy & IT
11%
Fees to Service Providers
4%
Interest
4%
Advertising & Promotion
2%
Grants
2%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,062,465
$3,107,362
+51%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$74,604,869
$82,693,125
+11%
Membership Dues
$0
$0
-
Investments
$1,805,049
$3,237,689
+79%
Other
$1,521,173
$14,405,044
+847%
Total Revenues
$79,993,556
$103,443,220
+29%
Expenses
2023
2024
Change
Grants
$2,015,930
$1,435,152
-29%
Benefits to Members
$0
$0
-
Salaries & Benefits
$33,944,016
$38,827,823
+14%
Fees to Service Providers
$5,473,328
$3,639,756
-34%
Advertising & Promotion
$1,374,529
$1,473,279
+7%
Offices, Occupancy & IT
$9,791,793
$9,432,770
-4%
Interest
$1,999,415
$2,904,816
+45%
Depreciation
$9,589,320
$10,824,975
+13%
Other
$4,720,611
$14,070,842
+198%
Total Expenses
$68,908,942
$82,609,413
+20%
Net income
2023
2024
Change
Net income
+$11,084,614
+$20,833,807
+88%
Functional Expenses
Summary
2023
2024
Change
Program
$59,852,517
$73,156,369
+22%
Admin
$9,056,425
$9,453,044
+4%
Fundraising
$0
$0
-
Total Expenses
$68,908,942
$82,609,413
+20%