Financial Information for Red Hook Initiative

Red Hook Initiative's annual revenue was $4.3M in tax year 2024, reported on their IRS Form 990. They spent $5.0M in total expenses. 70% went to programs and services.

Financial Breakdown

What is Red Hook Initiative's total annual expenses?

Red Hook Initiative spent $5.0M in tax year 2024, according to their IRS Form 990 filing.

How much of Red Hook Initiative's budget goes to programs?

Red Hook Initiative spent $3.5M (70% of expenses) on programs and services in tax year 2024.

How much does Red Hook Initiative spend on overhead?

Red Hook Initiative's overhead in tax year 2024 includes administrative (20%) and fundraising (10%) of their expenses.

What is Red Hook Initiative's net worth?

Red Hook Initiative had net assets of $3.0M 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.