Iona is able to provide its services and programs to clients because of the generosity of many individuals and organizations, as well as participant income and insurance reimbursement. Our annual budget is adopted by voting members of Iona’s Board of Directors, which is made up of community members with a passion for supporting older adults and caregivers.

Fiscal Year 2021 Sources of Revenue

  • 39% - Government and Foundation Grants
  • 25% - Individual Donations
  • 18% - Released from Restricted
  • 14% - Participant Income & Insurance Reimbursements
  • 1.9% - Other Income
  • 1.4% - Investment Income
  • .7% - Donated Services & Facilities

How We Spent Our Funds in Fiscal Year 2021

  • 7% - Administration
  • 8% - Fundraising
  • 85% - Program Services

To find out more about the funds we raise and how we spend our money, please take a look at our most current Annual Report (or download here).

Each year 120 expert reviewers evaluate Catalogue for Philanthropy applicants for distinction, merit, and impact. Each featured charity has been successfully site visited and its financials given the thumbs up.

4StarRectIona’s sound fiscal management practices and commitment to accountability and transparency have earned us a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. If you have any questions about our financial information, please contact Director of Development Jennie Smith-Peers at (202) 895-9418 or email her.