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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 85-0604101

Workmoney Inc

MILWAUKEE, WIFounded 2020Website

mission statement

Workmoney is dedicated to lowering costs and raising incomes for all americans, making life more affordable and families more economically secure.

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Total Revenue

$103.1M

FY 2024

Program Spending

95.2%

of total expenses

Known Funders

2020–2024 filings

Key Metrics (FY 2024)

The Numbers

$32.8M

Total Assets

$30.9M net

3.79 mo

Operating Reserves

FY 2024

+149%

Revenue Growth

YoY

Total Employees

FY 2024

Funding Track Record

Backed by 28 Institutional Funders

$159.6M raised across 44 grants (2020–2024 filings)

Funder Geography

Funders across 7 states (2020–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Workmoney Foundation Inc	MILWAUKEE, WI	$74,440,000
Civic Education Fund	Seattle, WA	$20,911,000
Open Society Policy Center Inc	NEW YORK, NY	$17,500,000
Bright Future Fund	WASHINGTON, DC	$6,500,000
Future Forward USA Action	Palo Alto, CA	$5,850,000
Defending Democracy Together	WASHINGTON, DC	$5,225,000
American Future Repbulic	SAN FRANCISCO, CA	$5,100,000
Sixteen Thirty Fund	WASHINGTON, DC	$4,803,700
North Fund	WASHINGTON, DC	$3,350,000
Impetus Fund	WASHINGTON, DC	$3,000,000

Total tracked: $159,612,200 across 44 grants (2020–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$64.7M in expenses

Outreach: workmoney communicated with millions of americans, delivering valuable real-time information to help them better weather financial challenges. Workmoney provided information across a range of communication channels to help americans navigate their financial lives including information on tax credits, goverment programs, and other.

$20.2M in expenses

Education: workmoney provided information to subscribers to help them navigate complex financial programs and services, to materially improve their financial well-being. Workmoney held personal conversations with american families about economic tools and resources and their impact on their lives.

$8.3M in expenses

Advocacy: workmoney educated decision-makers on the needs of working americans. This work included conducting policy research and analysis and supporting policies that help raise incomes and lower costs.

Financial History