Update your annual operating budget

Your total annual operating budget refers to the full amount of money you plan to spend during the current fiscal year to carry out your operations. This includes all organizational expenses—such as salaries, program costs, administrative expenses, fundraising costs, and overhead—regardless of the source of income. When asked for your total annual operating budget, provide a single dollar amount that reflects your organization’s total projected expenses for the current fiscal year. This figure helps funders understand the scale of your operations and how their support fits into your overall financial plan.