Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024
$453,069,247
Government Grants
>99%
Program Services
<1%
Other
<1%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$453,069,247
Grants
87%
Salaries & Benefits
11%
Offices, Occupancy & IT
2%
Fees to Service Providers
<1%
Other
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$677,025
$0
-100%
Government Grants
$369,207,755
$448,979,938
+22%
Fundraising Events
$0
$0
-
Program Services
$3,020,169
$3,952,955
+31%
Membership Dues
$0
$0
-
Investments
$49,128
$53,161
+8%
Other
$50,203
$83,193
+66%
Total Revenues
$373,004,280
$453,069,247
+21%
Expenses
2023
2024
Change
Grants
$322,672,055
$395,160,294
+22%
Benefits to Members
$0
$0
-
Salaries & Benefits
$42,168,725
$48,220,685
+14%
Fees to Service Providers
$872,694
$1,051,211
+20%
Advertising & Promotion
$0
$11,645
-
Offices, Occupancy & IT
$6,417,561
$7,876,676
+23%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$873,245
$748,736
-14%
Total Expenses
$373,004,280
$453,069,247
+21%
Net income
2023
2024
Change
Net income
+$0
+$0
-
Functional Expenses
Summary
2023
2024
Change
Program
$358,111,185
$438,056,738
+22%
Admin
$14,893,095
$15,012,509
+1%
Fundraising
$0
$0
-
Total Expenses
$373,004,280
$453,069,247
+21%