Financial accounts

General notes

  • This page is updated roughly once a year, most recently in May 2024.
  • For more information about where our money comes from, see our donors page.
  • All USD amounts on the page represent a consolidated figure for US and UK budget/spending. Conversions from GBP to USD use the exchange rate on January 1 unless otherwise stated.
  • Please email [email protected] if you have any questions about the contents of this page.

Current financial situation

You can find our most recent two-year review (2021-2022) here.

2024 budget

CostsBudget ($M)
Staff costs

5.85

Contractors

0.40

Grantmaking

0.16

Rent and office

0.86

Non-personnel costs

1.77

Travel and venues

0.25

Marketing

3.28

Non-operating expenses

0.00

Sum

12.57

Notes:

  • These amounts are rounded, so may not add up exactly to the sum shown.
  • Non-operating expenses are expenses unrelated to core operations, such as foreign exchange losses.

2023 spending review

CostsBudget ($M)Actuals ($M)
Staff costs

3.82

3.44

Contractors

1.06

0.58

Grantmaking

0.38

0.13

Rent and office

2.46

0.82

Non-personnel costs

0.98

1.13

Travel and venues

0.19

0.11

Marketing

5.62

2.84

Non-operating expenses

N/A

0.01

Sum

14.51

9.06

Notes:

  • These amounts are rounded, so may not add up exactly to the sum shown.

Historical data

Financial and staff inputs over time

YearSpending ($M)Income ($M)Number of full-time equivalent staff
2012

0.06

0.07

0.7

2013

0.16

0.24

2.8

2014

0.23

0.33

2.6

2015

0.35

0.43

3.8

2016

0.47

0.46

5.2

2017

0.73

2.03

6.7

2018

1.16

1.63

8.9

2019

2.39

5.18

11.8

2020

3.15

5.21

13.8

2021

3.41

1.21

14.5

2022

6.66

4.72

20.7

2023

9.06

17.80

28.0

Notes:

  • “Number of full-time equivalent staff” includes primary staff members and the staff hours allocated to us by our parent organisations, the Effective Ventures group. It does not include contractors.
  • 2023 and 2024 use the exchange rate on January 1 to exchange from GBP to USD. Between 2017 and 2022 we use the average of all daily exchange rates within the relevant year. We aren’t confident which exchange rates were used before 2017, due to a change in accounting systems.

Audited accounts

The following are the audited accounts of our parent organisations:

  • UK entity – Effective Ventures Foundation (previously the Centre for Effective Altruism)
  • US entity – Effective Ventures Foundation USA, Inc. (previously the Centre for Effective Altruism USA)