Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$187,683,791
Other
37%
Government Grants
32%
Program Services
26%
Investments
4%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$159,194,256
Salaries & Benefits
44%
Offices, Occupancy & IT
31%
Other
13%
Fees to Service Providers
11%
Depreciation
1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$710,575
$41,870
-94%
Government Grants
$69,673,062
$60,266,819
-14%
Fundraising Events
$0
$0
-
Program Services
$40,131,473
$49,555,377
+23%
Membership Dues
$0
$0
-
Investments
$8,130,094
$8,368,654
+3%
Other
$40,975,236
$69,451,071
+69%
Total Revenues
$159,620,440
$187,683,791
+18%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$59,765,023
$70,609,223
+18%
Fees to Service Providers
$14,639,569
$16,889,350
+15%
Advertising & Promotion
$385,985
$102,433
-73%
Offices, Occupancy & IT
$43,748,018
$49,819,248
+14%
Interest
$0
$0
-
Depreciation
$1,656,940
$1,867,782
+13%
Other
$19,979,341
$19,906,220
0%
Total Expenses
$140,174,876
$159,194,256
+14%
Net income
2023
2024
Change
Net income
+$19,445,564
+$28,489,535
+47%
Functional Expenses
Summary
2023
2024
Change
Program
$102,355,596
$117,997,406
+15%
Admin
$37,819,280
$41,196,850
+9%
Fundraising
$0
$0
-
Total Expenses
$140,174,876
$159,194,256
+14%