Income Statement

Fiscal Year: 2025
Jul 1, 2024 – Jun 30, 2025
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Revenues in 2025
$386,569,507
Contributions
69%
Other
13%
Investments
11%
Government Grants
7%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$374,749,849
Grants
90%
Salaries & Benefits
4%
Fees to Service Providers
4%
Offices, Occupancy & IT
<1%
Other
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$194,571,808
$265,393,516
+36%
Government Grants
$16,508,242
$25,495,141
+54%
Fundraising Events
$0
$0
-
Program Services
$2,506,455
$2,806,928
+12%
Membership Dues
$0
$0
-
Investments
$41,868,131
$41,876,318
+0%
Other
$36,176,571
$50,997,604
+41%
Total Revenues
$291,631,207
$386,569,507
+33%
Expenses
2024
2025
Change
Grants
$281,461,733
$336,983,147
+20%
Benefits to Members
$0
$0
-
Salaries & Benefits
$13,602,803
$16,294,473
+20%
Fees to Service Providers
$16,099,884
$14,687,111
-9%
Advertising & Promotion
$11,804
$66,286
+462%
Offices, Occupancy & IT
$2,203,957
$2,482,279
+13%
Interest
$47,616
$48,200
+1%
Depreciation
$1,574,211
$1,891,633
+20%
Other
$1,885,353
$2,296,720
+22%
Total Expenses
$316,887,361
$374,749,849
+18%
Net income
2024
2025
Change
Net income
-$25,256,154
+$11,819,658
-147%
Functional Expenses
Summary
2024
2025
Change
Program
$299,403,355
$354,931,716
+19%
Admin
$13,919,878
$16,121,249
+16%
Fundraising
$3,564,128
$3,696,884
+4%
Total Expenses
$316,887,361
$374,749,849
+18%