Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024
$655,950,972
Program Services
90%
Other
7%
Government Grants
2%
Investments
<1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$635,329,140
Salaries & Benefits
43%
Other
29%
Fees to Service Providers
23%
Depreciation
3%
Offices, Occupancy & IT
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$105,880
-
Government Grants
$22,472,392
$11,004,099
-51%
Fundraising Events
$0
$0
-
Program Services
$538,323,221
$591,626,364
+10%
Membership Dues
$0
$0
-
Investments
$6,939,196
$6,192,650
-11%
Other
$11,893,548
$47,021,979
+295%
Total Revenues
$579,628,357
$655,950,972
+13%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$247,226,588
$271,091,060
+10%
Fees to Service Providers
$18,213,151
$147,870,775
+712%
Advertising & Promotion
$0
$4,256
-
Offices, Occupancy & IT
$77,864,304
$12,387,158
-84%
Interest
$423,120
$3,247,011
+667%
Depreciation
$11,320,652
$17,021,430
+50%
Other
$211,216,423
$183,707,450
-13%
Total Expenses
$566,264,238
$635,329,140
+12%
Net income
2023
2024
Change
Net income
+$13,364,119
+$20,621,832
+54%
Functional Expenses
Summary
2023
2024
Change
Program
$494,194,404
$558,066,375
+13%
Admin
$72,069,834
$77,262,765
+7%
Fundraising
$0
$0
-
Total Expenses
$566,264,238
$635,329,140
+12%