
THE REASON FOUNDATION
THE REASON FOUNDATION

THE REASON FOUNDATION
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2025
$22,810,664
Contributions
90%
Investments
5%
Program Services
5%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$21,964,556
Salaries & Benefits
64%
Fees to Service Providers
14%
Other
13%
Offices, Occupancy & IT
5%
Advertising & Promotion
2%
Depreciation
<1%
Grants
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$21,346,436
$20,527,956
-4%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,196,995
$1,035,361
-14%
Membership Dues
$0
$0
-
Investments
$545,759
$1,055,761
+93%
Other
$211,625
$191,586
-9%
Total Revenues
$23,300,815
$22,810,664
-2%
Expenses
2024
2025
Change
Grants
$360,000
$60,000
-83%
Benefits to Members
$0
$0
-
Salaries & Benefits
$12,206,151
$14,159,186
+16%
Fees to Service Providers
$2,817,028
$3,056,721
+9%
Advertising & Promotion
$412,579
$542,361
+31%
Offices, Occupancy & IT
$1,006,195
$1,201,907
+19%
Interest
$0
$0
-
Depreciation
$62,708
$66,387
+6%
Other
$2,998,879
$2,877,994
-4%
Total Expenses
$19,863,540
$21,964,556
+11%
Net income
2024
2025
Change
Net income
+$3,437,275
+$846,108
-75%
Functional Expenses
Summary
2024
2025
Change
Program
$17,276,776
$19,336,621
+12%
Admin
$672,616
$759,183
+13%
Fundraising
$1,914,148
$1,868,752
-2%
Total Expenses
$19,863,540
$21,964,556
+11%
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