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Finances

Washburn Center for Children has an annual budget of approximately $4.8 million in 2006. Direct program costs make up approximately 81% of the total costs. Administrative costs are 12% and fundraising costs are 7%

About 75% of revenue comes from service fees and government contracts. The remaining 25% of revenue comes from investment income and annual fundraising. Sources of revenue include the following:

Service Fees from public and private health plans 46%
Service Fees from County Contracts 19%
Service Fees from Clients 3%
Federal, State and County Grants 7%
Annual Fund Raising 19%
United Way 4%
Endowment Income 2%


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, www.crcmn.org.

 
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