Income Statement

Fiscal Year: 2024
Revenues in 2024
$73,614,205
Contributions
84%
Government Grants
15%
Program Services
<1%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$69,615,007
Salaries & Benefits
55%
Fees to Service Providers
23%
Other
9%
Grants
9%
Offices, Occupancy & IT
4%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$38,473,670
$61,858,506
+61%
Government Grants
$8,534,619
$11,355,861
+33%
Fundraising Events
$0
$0
-
Program Services
$86,962
$250,203
+188%
Membership Dues
$0
$0
-
Investments
$124,948
$149,635
+20%
Other
$0
$0
-
Total Revenues
$47,220,199
$73,614,205
+56%
Expenses
2023
2024
Change
Grants
$5,383,613
$6,267,054
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$31,839,843
$38,292,373
+20%
Fees to Service Providers
$12,971,076
$15,786,424
+22%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,085,580
$2,961,581
+42%
Interest
$0
$0
-
Depreciation
$7,985
$3,953
-50%
Other
$9,128,506
$6,303,622
-31%
Total Expenses
$61,416,603
$69,615,007
+13%
Net income
2023
2024
Change
Net income
-$14,196,404
+$3,999,198
-128%
Functional Expenses
Summary
2023
2024
Change
Program
$46,181,506
$56,058,573
+21%
Admin
$15,035,012
$13,408,622
-11%
Fundraising
$200,085
$147,812
-26%
Total Expenses
$61,416,603
$69,615,007
+13%