Financial Information for Westminster Economic Developmentinitiative INC

Westminster Economic Developmentinitiative INC's annual revenue was $2.2M in tax year 2024, reported on their IRS Form 990. They spent $2.2M in total expenses. 72% went to programs and services.

Financial Breakdown

What is Westminster Economic Developmentinitiative INC's total annual expenses?

Westminster Economic Developmentinitiative INC spent $2.2M in tax year 2024, according to their IRS Form 990 filing.

How much of Westminster Economic Developmentinitiative INC's budget goes to programs?

Westminster Economic Developmentinitiative INC spent $1.6M (72% of expenses) on programs and services in tax year 2024.

How much does Westminster Economic Developmentinitiative INC spend on overhead?

Westminster Economic Developmentinitiative INC's overhead in tax year 2024 includes administrative (19%) and fundraising (8%) of their expenses.

What is Westminster Economic Developmentinitiative INC's net worth?

Westminster Economic Developmentinitiative INC had net assets of $10.0M 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.