Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$638,905,947
Program Services
99%
Government Grants
<1%
Other
<1%
Contributions
<1%
Investments
<1%
Fundraising Events
<1%
Membership Dues
0%
Expenses in 2024
$709,569,536
Salaries & Benefits
45%
Other
36%
Fees to Service Providers
9%
Offices, Occupancy & IT
6%
Depreciation
4%
Interest
<1%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$329,364
$1,236,992
+276%
Government Grants
$6,633,006
$2,422,477
-63%
Fundraising Events
$85,148
$66,500
-22%
Program Services
$607,725,553
$632,513,676
+4%
Membership Dues
$0
$0
-
Investments
$2,300,913
$1,032,285
-55%
Other
$7,771,208
$1,634,017
-79%
Total Revenues
$624,845,192
$638,905,947
+2%
Expenses
2023
2024
Change
Grants
$1,073,219
$1,620,533
+51%
Benefits to Members
$0
$0
-
Salaries & Benefits
$307,263,381
$317,757,193
+3%
Fees to Service Providers
$62,320,113
$61,738,300
-1%
Advertising & Promotion
$1,480,201
$1,732,287
+17%
Offices, Occupancy & IT
$43,394,838
$42,806,175
-1%
Interest
$3,553,103
$3,364,538
-5%
Depreciation
$21,328,199
$25,578,423
+20%
Other
$240,731,083
$254,972,087
+6%
Total Expenses
$681,144,137
$709,569,536
+4%
Net income
2023
2024
Change
Net income
-$56,298,945
-$70,663,589
-26%
Functional Expenses
Summary
2023
2024
Change
Program
$631,304,013
$647,960,983
+3%
Admin
$49,196,781
$60,768,550
+24%
Fundraising
$643,343
$840,003
+31%
Total Expenses
$681,144,137
$709,569,536
+4%