Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$462,693,628
Program Services
87%
Other
8%
Investments
6%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$317,688,931
Salaries & Benefits
41%
Fees to Service Providers
27%
Other
18%
Offices, Occupancy & IT
7%
Depreciation
5%
Grants
2%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$6,122
$5,928
-3%
Government Grants
$4,047,685
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$368,113,779
$400,398,734
+9%
Membership Dues
$0
$0
-
Investments
$14,230,242
$25,695,598
+81%
Other
$16,742,932
$36,593,368
+119%
Total Revenues
$403,140,760
$462,693,628
+15%
Expenses
2023
2024
Change
Grants
$3,607,170
$5,561,979
+54%
Benefits to Members
$0
$0
-
Salaries & Benefits
$126,385,135
$131,546,085
+4%
Fees to Service Providers
$81,655,222
$84,979,456
+4%
Advertising & Promotion
$373,972
$623,179
+67%
Offices, Occupancy & IT
$21,268,273
$22,205,766
+4%
Interest
$19,345
$12,266
-37%
Depreciation
$14,646,526
$14,692,598
+0%
Other
$53,511,771
$58,067,602
+9%
Total Expenses
$301,467,414
$317,688,931
+5%
Net income
2023
2024
Change
Net income
+$101,673,346
+$145,004,697
+43%
Functional Expenses
Summary
2023
2024
Change
Program
$268,089,138
$277,247,362
+3%
Admin
$33,378,276
$40,441,569
+21%
Fundraising
$0
$0
-
Total Expenses
$301,467,414
$317,688,931
+5%