Income Statement

Fiscal Year Start:
May 1
Revenues in 2025
$1,343,132,081
Government Grants
53%
Program Services
30%
Contributions
7%
Investments
7%
Other
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$1,314,438,225
Salaries & Benefits
55%
Grants
10%
Offices, Occupancy & IT
9%
Depreciation
9%
Other
9%
Fees to Service Providers
4%
Interest
3%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$128,402,348
$100,444,597
-22%
Government Grants
$686,194,680
$716,109,097
+4%
Fundraising Events
$0
$0
-
Program Services
$399,125,657
$400,539,436
+0%
Membership Dues
$0
$0
-
Investments
$84,064,993
$90,347,041
+7%
Other
$32,764,569
$35,691,910
+9%
Total Revenues
$1,330,552,247
$1,343,132,081
+1%
Expenses
2024
2025
Change
Grants
$123,982,334
$133,067,870
+7%
Benefits to Members
$0
$0
-
Salaries & Benefits
$735,339,805
$722,601,958
-2%
Fees to Service Providers
$47,578,576
$50,141,591
+5%
Advertising & Promotion
$2,225,447
$2,146,527
-4%
Offices, Occupancy & IT
$120,045,556
$124,714,122
+4%
Interest
$40,676,842
$40,717,176
+0%
Depreciation
$125,921,681
$121,215,712
-4%
Other
$112,736,602
$119,833,269
+6%
Total Expenses
$1,308,506,843
$1,314,438,225
+0%
Net income
2024
2025
Change
Net income
+$22,045,404
+$28,693,856
+30%
Functional Expenses
Summary
2024
2025
Change
Program
$1,208,894,084
$1,220,028,894
+1%
Admin
$81,037,285
$75,547,008
-7%
Fundraising
$18,575,474
$18,862,323
+2%
Total Expenses
$1,308,506,843
$1,314,438,225
+0%