
financials & supporters
Our highly sustainable hybrid-funding model means we can do more with every philanthropic dollar, putting it to work for our youth.
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Our Latest 990
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96% on Charity Navigator
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Our Latest Financial Statements
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the power of social enterprise
Through our social enterprise model, young adults contribute directly to their futures and our bottom line by generating revenue that offsets the cost of services.
our latest financials
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TOTAL FY24 REVENUE: $12,338,347
Our youth-run business supports our operations, paying for a third of what it takes to run More Than Words. Their efforts are matched by generous supporters and government grants.
Earned Revenue (31%): $3,882,619
Philanthropy (39%): $4,752,050
Government (30%): $3,703,678
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TOTAL FY24 EXPENSES: $12,749,541
More Than Words invests in an extraordinary team to do this hard work with our youth, and in paying our youth for their work advancing their business and their lives.
Adult Staff (43%): $5,462,205
Youth Wages (7%): $922,037
Occupancy (8%): $1,014,822
Sales Expenses (22%): $2,817,408
Other (20%): $2,533,069
"Knowing that the youth business earns almost 50% of what it takes to run More Than Words changes how you think about it. It makes me realize that what I do here actually does matter. Being a youth on the job isn’t a small thing. If the youth don’t show up and the youth don’t put in work, then the social enterprise fails and the mission doesn’t get met."
-William, Graduate
our supporters
The work of our young people is leveraged by donations, grants, and contracts from individuals, foundations, corporations, and government agencies. Thank you for investing in our youth!