Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$84,251,911
Contributions
59%
Investments
38%
Other
3%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$71,523,463
Grants
44%
Salaries & Benefits
21%
Other
12%
Fees to Service Providers
9%
Offices, Occupancy & IT
6%
Depreciation
5%
Advertising & Promotion
2%
Interest
1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$38,165,739
$49,411,148
+29%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$114,374
-
Membership Dues
$0
$0
-
Investments
$11,563,776
$31,845,198
+175%
Other
$1,086,513
$2,881,191
+165%
Total Revenues
$50,816,028
$84,251,911
+66%
Expenses
2023
2024
Change
Grants
$25,589,309
$31,535,298
+23%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,591,406
$15,338,143
+22%
Fees to Service Providers
$4,177,126
$6,755,210
+62%
Advertising & Promotion
$1,532,569
$1,247,765
-19%
Offices, Occupancy & IT
$3,647,200
$4,003,475
+10%
Interest
$322,558
$1,028,565
+219%
Depreciation
$1,591,728
$3,310,604
+108%
Other
$11,933,968
$8,304,403
-30%
Total Expenses
$61,385,864
$71,523,463
+17%
Net income
2023
2024
Change
Net income
-$10,569,836
+$12,728,448
-220%
Functional Expenses
Summary
2023
2024
Change
Program
$55,536,253
$65,657,507
+18%
Admin
$2,507,488
$3,228,430
+29%
Fundraising
$3,342,123
$2,637,526
-21%
Total Expenses
$61,385,864
$71,523,463
+17%