Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$304,377,638
Program Services
99%
Other
<1%
Investments
<1%
Contributions
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$477,710,905
Salaries & Benefits
37%
Other
21%
Offices, Occupancy & IT
19%
Interest
15%
Fees to Service Providers
5%
Advertising & Promotion
2%
Depreciation
2%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$28,728
$6,835
-76%
Government Grants
$6,675,317
$6,344
-100%
Fundraising Events
$0
$0
-
Program Services
$1,038,459,588
$300,877,155
-71%
Membership Dues
$0
$0
-
Investments
-$3,847,769
$1,448,958
-138%
Other
$8,427,255
$2,038,346
-76%
Total Revenues
$1,049,743,119
$304,377,638
-71%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$695,952,157
$176,369,468
-75%
Fees to Service Providers
$95,862,357
$22,742,774
-76%
Advertising & Promotion
$9,361,664
$11,195,246
+20%
Offices, Occupancy & IT
$151,508,016
$90,054,617
-41%
Interest
$69,821,968
$69,565,876
0%
Depreciation
$16,770,361
$9,467,089
-44%
Other
$282,583,012
$98,315,835
-65%
Total Expenses
$1,321,859,535
$477,710,905
-64%
Net income
2023
2024
Change
Net income
-$272,116,416
-$173,333,267
+36%
Functional Expenses
Summary
2023
2024
Change
Program
$1,135,249,760
$399,179,614
-65%
Admin
$186,609,775
$78,531,291
-58%
Fundraising
$0
$0
-
Total Expenses
$1,321,859,535
$477,710,905
-64%