Financial Information for Groundwork Somerville INC

Groundwork Somerville INC's annual revenue was $608K in tax year 2024, reported on their IRS Form 990. They spent $594K in total expenses. 89% went to programs and services.

Financial Breakdown

What is Groundwork Somerville INC's total annual expenses?

Groundwork Somerville INC spent $594K in tax year 2024, according to their IRS Form 990 filing.

How much of Groundwork Somerville INC's budget goes to programs?

Groundwork Somerville INC spent $531K (89% of expenses) on programs and services in tax year 2024.

How much does Groundwork Somerville INC spend on overhead?

Groundwork Somerville INC's overhead in tax year 2024 includes administrative (7%) and fundraising (4%) of their expenses.

What is Groundwork Somerville INC's net worth?

Groundwork Somerville INC had net assets of $267K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.