Finances
Washburn Center for Children's budget in 2009 was approximately $6.5 million. Direct program costs make up more than 85% of the agency's expenses. Administrative costs account for 10.8% and fundraising costs account for 4%.
Nearly 80% of Washburn's revenue comes from service fees and government contracts, while the remaining 20% comes from investment income and annual fundraising. Sources of revenue in 2009 include::
- Investment/Endowment Income: 3%
- Government Grants and Contracts: 25%
- United Way: 3%
- Private Contributions: 14%
- Service Fees from Insurance, Clients, Other: 55%
Washburn Center for Children meets all accountability standards required by the Charities Review Council, which conducts a review of Washburn's accountability practices each year and publishes this review on its website.