Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$86,867,929
Government Grants
92%
Contributions
6%
Investments
2%
Other
<1%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$86,167,052
Salaries & Benefits
39%
Other
28%
Grants
24%
Offices, Occupancy & IT
6%
Depreciation
2%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$4,381,975
$5,304,130
+21%
Government Grants
$49,593,268
$79,639,696
+61%
Fundraising Events
$0
$0
-
Program Services
$131,913
$55,757
-58%
Membership Dues
$0
$0
-
Investments
$876,192
$1,346,776
+54%
Other
$1,250,946
$521,570
-58%
Total Revenues
$56,234,294
$86,867,929
+54%
Expenses
2023
2024
Change
Grants
$8,116,386
$21,033,658
+159%
Benefits to Members
$0
$0
-
Salaries & Benefits
$26,944,825
$33,259,287
+23%
Fees to Service Providers
$1,957,026
$759,171
-61%
Advertising & Promotion
$45,272
$33,807
-25%
Offices, Occupancy & IT
$4,873,464
$5,232,465
+7%
Interest
$0
$0
-
Depreciation
$1,534,863
$1,656,070
+8%
Other
$13,413,055
$24,192,594
+80%
Total Expenses
$56,884,891
$86,167,052
+51%
Net income
2023
2024
Change
Net income
-$650,597
+$700,877
-208%
Functional Expenses
Summary
2023
2024
Change
Program
$44,131,270
$69,950,940
+59%
Admin
$12,753,621
$16,216,112
+27%
Fundraising
$0
$0
-
Total Expenses
$56,884,891
$86,167,052
+51%