It still depends somewhat on how fundraising goes, but it’s pretty likely in 2024 Rethink Priorities budget (excluding a number of groups that we fiscally sponsor) will be around $11M.
I think that the specific extrapolation of our budget completed here was importantly off because we did a number of hires over the course of 2022, so the reported spend for that year didn’t fully capture total recurring costs of the new headcount (as those new hires started at various points throughout that year).
It still depends somewhat on how fundraising goes, but it’s pretty likely in 2024 Rethink Priorities budget (excluding a number of groups that we fiscally sponsor) will be around $11M.
I think that the specific extrapolation of our budget completed here was importantly off because we did a number of hires over the course of 2022, so the reported spend for that year didn’t fully capture total recurring costs of the new headcount (as those new hires started at various points throughout that year).
Thank you so much for sharing this! I updated the post.