Income Statement

Fiscal Year Start:
Sep 1
Revenues in 2024
$921,510,747
Government Grants
>99%
Investments
<1%
Contributions
<1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$928,238,222
Salaries & Benefits
76%
Other
13%
Offices, Occupancy & IT
9%
Fees to Service Providers
2%
Depreciation
<1%
Grants
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$410,710
-
Government Grants
$891,789,038
$919,499,679
+3%
Fundraising Events
$89,750
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$630,904
$1,353,783
+115%
Other
$4,990,291
$246,575
-95%
Total Revenues
$897,499,983
$921,510,747
+3%
Expenses
2023
2024
Change
Grants
$165,498
$1,333,037
+705%
Benefits to Members
$0
$0
-
Salaries & Benefits
$686,684,305
$705,230,412
+3%
Fees to Service Providers
$12,625,522
$14,636,094
+16%
Advertising & Promotion
$279,372
$172,912
-38%
Offices, Occupancy & IT
$83,046,225
$84,011,276
+1%
Interest
$2,489
$56,638
+2176%
Depreciation
$5,014,669
$4,837,070
-4%
Other
$113,107,554
$117,960,783
+4%
Total Expenses
$900,925,634
$928,238,222
+3%
Net income
2023
2024
Change
Net income
-$3,425,651
-$6,727,475
-96%
Functional Expenses
Summary
2023
2024
Change
Program
$901,130,221
$832,706,791
-8%
Admin
-$365,743
$95,498,289
-26211%
Fundraising
$161,156
$33,142
-79%
Total Expenses
$900,925,634
$928,238,222
+3%