Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$102,215,388
Government Grants
97%
Contributions
2%
Program Services
<1%
Investments
<1%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$99,637,105
Grants
84%
Salaries & Benefits
14%
Offices, Occupancy & IT
1%
Fees to Service Providers
<1%
Other
<1%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$2,456,011
$2,370,609
-3%
Government Grants
$66,160,536
$99,321,195
+50%
Fundraising Events
$0
$0
-
Program Services
$711,193
$361,484
-49%
Membership Dues
$0
$0
-
Investments
$6,616
$145,448
+2098%
Other
$27,717
$16,652
-40%
Total Revenues
$69,362,073
$102,215,388
+47%
Expenses
2023
2024
Change
Grants
$54,851,006
$83,768,460
+53%
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,868,249
$14,015,839
+42%
Fees to Service Providers
$585,196
$372,402
-36%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$871,128
$1,081,094
+24%
Interest
$64,800
$64,800
+0%
Depreciation
$5,644
$1,841
-67%
Other
$221,244
$332,669
+50%
Total Expenses
$66,467,267
$99,637,105
+50%
Net income
2023
2024
Change
Net income
+$2,894,806
+$2,578,283
-11%
Functional Expenses
Summary
2023
2024
Change
Program
$64,255,267
$96,884,757
+51%
Admin
$2,195,621
$2,752,348
+25%
Fundraising
$16,379
$0
-100%
Total Expenses
$66,467,267
$99,637,105
+50%