Income Statement

Fiscal Year: 2024
Revenues in 2024
$28,072,688
Contributions
87%
Program Services
11%
Investments
2%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$37,380,016
Other
66%
Salaries & Benefits
16%
Grants
11%
Offices, Occupancy & IT
6%
Fees to Service Providers
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$41,426,592
$24,436,831
-41%
Government Grants
$892,598
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$2,963,828
-
Membership Dues
$0
$0
-
Investments
$120,771
$669,089
+454%
Other
$1,338,621
$2,940
-100%
Total Revenues
$43,778,582
$28,072,688
-36%
Expenses
2023
2024
Change
Grants
$0
$4,150,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,296,871
$5,840,329
+10%
Fees to Service Providers
$1,800,531
$247,782
-86%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,215,998
$2,417,269
+9%
Interest
$0
$0
-
Depreciation
$40,405
$35,684
-12%
Other
$12,797,954
$24,688,952
+93%
Total Expenses
$22,151,759
$37,380,016
+69%
Net income
2023
2024
Change
Net income
+$21,626,823
-$9,307,328
-143%
Functional Expenses
Summary
2023
2024
Change
Program
$20,396,589
$34,135,193
+67%
Admin
$1,755,170
$3,244,823
+85%
Fundraising
$0
$0
-
Total Expenses
$22,151,759
$37,380,016
+69%