Income Statement

Fiscal Year Start:
Sep 1
Revenues in 2024
$9,541,579,835
Program Services
40%
Other
22%
Government Grants
18%
Contributions
14%
Investments
6%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$8,932,390,126
Salaries & Benefits
61%
Grants
9%
Offices, Occupancy & IT
8%
Other
8%
Depreciation
6%
Fees to Service Providers
6%
Interest
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,948,578,098
$1,357,148,465
-30%
Government Grants
$1,518,836,616
$1,670,655,897
+10%
Fundraising Events
$917,361
$1,173,951
+28%
Program Services
$3,723,764,565
$3,833,786,289
+3%
Membership Dues
$0
$0
-
Investments
$376,798,144
$572,275,156
+52%
Other
$904,771,456
$2,106,540,077
+133%
Total Revenues
$8,473,666,240
$9,541,579,835
+13%
Expenses
2023
2024
Change
Grants
$723,702,779
$805,429,077
+11%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,882,338,923
$5,457,126,529
+12%
Fees to Service Providers
$487,416,119
$514,009,044
+5%
Advertising & Promotion
$6,316,895
$6,473,616
+2%
Offices, Occupancy & IT
$731,343,544
$745,188,674
+2%
Interest
$184,801,656
$193,674,588
+5%
Depreciation
$502,091,154
$533,081,949
+6%
Other
$615,273,177
$677,406,649
+10%
Total Expenses
$8,133,284,247
$8,932,390,126
+10%
Net income
2023
2024
Change
Net income
+$340,381,993
+$609,189,709
+79%
Functional Expenses
Summary
2023
2024
Change
Program
$7,227,330,377
$7,913,892,538
+9%
Admin
$771,235,080
$874,774,474
+13%
Fundraising
$134,718,790
$143,723,114
+7%
Total Expenses
$8,133,284,247
$8,932,390,126
+10%