Income Statement

Fiscal Year: 2022
Revenues in 2022
$1,438,503,781
Government Grants
50%
Program Services
46%
Contributions
2%
Other
2%
Investments
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2022
$1,524,937,359
Salaries & Benefits
56%
Other
16%
Grants
9%
Depreciation
8%
Offices, Occupancy & IT
6%
Fees to Service Providers
2%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2021
2022
Change
Contributions
$58,884,367
$34,622,634
-41%
Government Grants
$850,915,416
$714,715,696
-16%
Fundraising Events
$0
$0
-
Program Services
$699,485,023
$655,508,500
-6%
Membership Dues
$0
$0
-
Investments
$5,564,868
$10,382,986
+87%
Other
$12,014,732
$23,273,965
+94%
Total Revenues
$1,626,864,406
$1,438,503,781
-12%
Expenses
2021
2022
Change
Grants
$149,785,536
$143,686,847
-4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$895,093,980
$861,329,353
-4%
Fees to Service Providers
$26,629,568
$30,048,659
+13%
Advertising & Promotion
$16,500,744
$11,560,503
-30%
Offices, Occupancy & IT
$70,839,907
$86,455,231
+22%
Interest
$10,865,777
$11,686,846
+8%
Depreciation
$126,554,894
$129,407,144
+2%
Other
$245,678,286
$250,762,776
+2%
Total Expenses
$1,541,948,692
$1,524,937,359
-1%
Net income
2021
2022
Change
Net income
+$84,915,714
-$86,433,578
-202%
Functional Expenses
Summary
2021
2022
Change
Program
$1,541,948,692
$1,524,937,359
-1%
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$1,541,948,692
$1,524,937,359
-1%