Financial Information for Troy Local Development Corporation

Troy Local Development Corporation's annual revenue was $701K in tax year 2024, reported on their IRS Form 990. They spent $570K in total expenses. 95% went to programs and services.

Financial Breakdown

What is Troy Local Development Corporation's total annual expenses?

Troy Local Development Corporation spent $570K in tax year 2024, according to their IRS Form 990 filing.

How much of Troy Local Development Corporation's budget goes to programs?

Troy Local Development Corporation spent $542K (95% of expenses) on programs and services in tax year 2024.

How much does Troy Local Development Corporation spend on overhead?

Troy Local Development Corporation's overhead in tax year 2024 includes administrative (5%) and fundraising (0%) of their expenses.

What is Troy Local Development Corporation's net worth?

Troy Local Development Corporation had net assets of $2.3M 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.