Intermediaries play a complex and critical role in the growing work-based learning ecosystem, but little is known about the funding models that support them or how their funding approaches might vary depending on the programs they lead, where they sit within an ecosystem, or the nature of their relationships with other partners. To begin building this evidence base, New America, in partnership with Kinetic West, a social impact consulting firm, conducted an in-depth analysis of budgets at seven WBL intermediaries operating in seven states. Following this analysis, New America staff conducted extensive follow-up interviews with three of these intermediaries. We sought to understand: (1) How intermediary organizations leverage various funding streams to support WBL programs, and what major benefits or challenges they face in doing so; (2) How program formats, intermediary types, and partnership structures influence access to various resource streams; and (3) What changes in practice or policy could enable more effective and efficient combinations of resources from across K-12, postsecondary, and workforce funding streams in support of high-quality WBL models for youth. This report seeks to examine the challenges intermediaries encounter in accessing and combining different sources of funding and to uncover common practices and challenges intermediaries face in their pursuit of sustainability. Finally, we offer recommendations to program leaders, policymakers, and philanthropic leaders interested in supporting the long-term financial success and sustainability of WBL intermediaries.