Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024
$951,213,135
Investments
55%
Other
45%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$2,254,497,015
Grants
78%
Salaries & Benefits
7%
Other
6%
Interest
4%
Fees to Service Providers
3%
Depreciation
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$507,889,469
$524,741,576
+3%
Other
$1,801,010,023
$426,471,559
-76%
Total Revenues
$2,308,899,492
$951,213,135
-59%
Expenses
2023
2024
Change
Grants
$1,368,137,185
$1,769,368,160
+29%
Benefits to Members
$0
$0
-
Salaries & Benefits
$146,734,485
$159,339,626
+9%
Fees to Service Providers
$63,043,292
$71,734,573
+14%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$11,728,985
$11,426,746
-3%
Interest
$123,643,046
$101,317,149
-18%
Depreciation
$10,995,923
$13,204,240
+20%
Other
$92,854,461
$128,106,521
+38%
Total Expenses
$1,817,137,377
$2,254,497,015
+24%
Net income
2023
2024
Change
Net income
+$491,762,115
-$1,303,283,880
-365%