Income Statement

Fiscal Year: 2023
Jan 1, 2023 – Dec 31, 2023
Revenues in 2023
$183,048,533
Program Services
85%
Contributions
14%
Investments
<1%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2023
$164,996,762
Other
46%
Salaries & Benefits
42%
Depreciation
8%
Offices, Occupancy & IT
3%
Fees to Service Providers
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2022
2023
Change
Contributions
$16,376,596
$26,447,539
+61%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$135,682,685
$156,159,398
+15%
Membership Dues
$0
$0
-
Investments
$127,849
$429,038
+236%
Other
$1,299,201
$12,558
-99%
Total Revenues
$153,486,331
$183,048,533
+19%
Expenses
2022
2023
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$62,117,605
$68,815,236
+11%
Fees to Service Providers
$1,587,061
$1,143,593
-28%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,513,320
$4,587,544
+83%
Interest
$1,202,071
$1,012,883
-16%
Depreciation
$13,549,502
$13,386,681
-1%
Other
$65,562,586
$76,050,825
+16%
Total Expenses
$146,532,145
$164,996,762
+13%
Net income
2022
2023
Change
Net income
+$6,954,186
+$18,051,771
+160%
Functional Expenses
Summary
2022
2023
Change
Program
$93,913,295
$106,720,568
+14%
Admin
$51,455,768
$57,234,327
+11%
Fundraising
$1,163,082
$1,041,867
-10%
Total Expenses
$146,532,145
$164,996,762
+13%