Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$7,412,902,082
Program Services
99%
Other
<1%
Contributions
<1%
Government Grants
<1%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$6,926,513,737
Salaries & Benefits
55%
Other
38%
Depreciation
3%
Offices, Occupancy & IT
2%
Fees to Service Providers
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$9,470,392
$9,497,147
+0%
Government Grants
$40,533,040
$5,594,047
-86%
Fundraising Events
$15,356
$10,336
-33%
Program Services
$6,674,624,903
$7,335,256,517
+10%
Membership Dues
$0
$0
-
Investments
$2,072,241
$1,874,518
-10%
Other
$55,554,309
$60,669,517
+9%
Total Revenues
$6,782,270,241
$7,412,902,082
+9%
Expenses
2023
2024
Change
Grants
$9,000
$4,803
-47%
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,465,896,629
$3,843,614,212
+11%
Fees to Service Providers
$66,425,019
$111,638,370
+68%
Advertising & Promotion
$939,452
$1,352,595
+44%
Offices, Occupancy & IT
$42,952,988
$161,751,243
+277%
Interest
$51,181,779
$8,011,857
-84%
Depreciation
$187,460,377
$187,141,689
0%
Other
$2,649,761,497
$2,612,998,968
-1%
Total Expenses
$6,464,626,741
$6,926,513,737
+7%
Net income
2023
2024
Change
Net income
+$317,643,500
+$486,388,345
+53%
Functional Expenses
Summary
2023
2024
Change
Program
$5,563,014,178
$6,103,762,707
+10%
Admin
$901,612,563
$822,751,030
-9%
Fundraising
$0
$0
-
Total Expenses
$6,464,626,741
$6,926,513,737
+7%