Financial Information for Midshipmans Foundation

Midshipmans Foundation's annual revenue was $355K in tax year 2025, reported on their IRS Form 990. They spent $181K in total expenses. 82% went to programs and services.

Financial Breakdown

What is Midshipmans Foundation's total annual expenses?

Midshipmans Foundation spent $181K in tax year 2025, according to their IRS Form 990 filing.

How much of Midshipmans Foundation's budget goes to programs?

Midshipmans Foundation spent $148K (82% of expenses) on programs and services in tax year 2025.

How much does Midshipmans Foundation spend on overhead?

Midshipmans Foundation's overhead in tax year 2025 includes administrative (18%) and fundraising (0%) of their expenses.

What is Midshipmans Foundation's net worth?

Midshipmans Foundation had net assets of $3.7M as of the end of tax year 2025.

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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.