Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$68,296,509
Membership Dues
89%
Investments
10%
Other
<1%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Expenses in 2024
$56,498,087
Grants
51%
Salaries & Benefits
22%
Fees to Service Providers
10%
Other
7%
Advertising & Promotion
5%
Offices, Occupancy & IT
4%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,887,581
$748
-100%
Government Grants
$26,234
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$71,788,526
$60,694,600
-15%
Investments
$5,749,735
$7,019,692
+22%
Other
$610,503
$581,469
-5%
Total Revenues
$80,062,579
$68,296,509
-15%
Expenses
2023
2024
Change
Grants
$36,862,811
$28,957,127
-21%
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,098,347
$12,540,268
+13%
Fees to Service Providers
$6,319,865
$5,890,682
-7%
Advertising & Promotion
$4,786,294
$2,788,093
-42%
Offices, Occupancy & IT
$1,572,861
$1,987,533
+26%
Interest
$58,999
$45,500
-23%
Depreciation
$210,499
$125,554
-40%
Other
$1,747,786
$4,163,330
+138%
Total Expenses
$62,657,462
$56,498,087
-10%
Net income
2023
2024
Change
Net income
+$17,405,117
+$11,798,422
-32%
Functional Expenses
Summary
2023
2024
Change
Program
$51,407,814
$42,874,305
-17%
Admin
$11,249,648
$13,623,782
+21%
Fundraising
$0
$0
-
Total Expenses
$62,657,462
$56,498,087
-10%