Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$497,892,169
Program Services
90%
Investments
7%
Government Grants
2%
Other
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$428,121,497
Salaries & Benefits
40%
Fees to Service Providers
26%
Other
19%
Offices, Occupancy & IT
7%
Depreciation
5%
Interest
2%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,714,174
$1,101,693
-36%
Government Grants
$11,550,080
$9,923,767
-14%
Fundraising Events
$0
$0
-
Program Services
$393,810,371
$450,133,792
+14%
Membership Dues
$0
$0
-
Investments
$38,019,876
$34,909,482
-8%
Other
$2,327,791
$1,823,435
-22%
Total Revenues
$447,422,292
$497,892,169
+11%
Expenses
2023
2024
Change
Grants
$66,437
$2,412,171
+3531%
Benefits to Members
$0
$0
-
Salaries & Benefits
$153,018,538
$173,164,366
+13%
Fees to Service Providers
$110,371,508
$111,528,771
+1%
Advertising & Promotion
$123,154
$234,662
+91%
Offices, Occupancy & IT
$21,661,827
$29,863,331
+38%
Interest
$8,331,645
$9,201,154
+10%
Depreciation
$18,058,269
$19,531,601
+8%
Other
$77,057,149
$82,185,441
+7%
Total Expenses
$388,688,527
$428,121,497
+10%
Net income
2023
2024
Change
Net income
+$58,733,765
+$69,770,672
+19%
Functional Expenses
Summary
2023
2024
Change
Program
$320,155,348
$348,511,098
+9%
Admin
$68,327,111
$79,404,838
+16%
Fundraising
$206,068
$205,561
0%
Total Expenses
$388,688,527
$428,121,497
+10%