Income Statement

Fiscal Year: 2024
Revenues in 2024
$677,954,007
Program Services
95%
Government Grants
2%
Other
2%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$648,186,286
Salaries & Benefits
52%
Offices, Occupancy & IT
23%
Fees to Service Providers
10%
Other
8%
Depreciation
4%
Interest
2%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,806,132
$5,244,996
+190%
Government Grants
$7,010,780
$13,690,571
+95%
Fundraising Events
$0
$0
-
Program Services
$601,165,464
$641,932,638
+7%
Membership Dues
$0
$0
-
Investments
$2,485,480
$6,176,244
+148%
Other
$7,615,242
$10,909,558
+43%
Total Revenues
$620,083,098
$677,954,007
+9%
Expenses
2023
2024
Change
Grants
$1,009,798
$1,375,731
+36%
Benefits to Members
$0
$0
-
Salaries & Benefits
$315,430,500
$338,786,732
+7%
Fees to Service Providers
$69,769,931
$67,334,546
-3%
Advertising & Promotion
$514,687
$460,329
-11%
Offices, Occupancy & IT
$148,477,102
$151,906,190
+2%
Interest
$11,309,082
$10,667,870
-6%
Depreciation
$30,574,497
$27,653,725
-10%
Other
$43,338,099
$50,001,163
+15%
Total Expenses
$620,423,696
$648,186,286
+4%
Net income
2023
2024
Change
Net income
-$340,598
+$29,767,721
-8840%
Functional Expenses
Summary
2023
2024
Change
Program
$566,569,609
$592,346,073
+5%
Admin
$53,854,087
$55,840,213
+4%
Fundraising
$0
$0
-
Total Expenses
$620,423,696
$648,186,286
+4%