Financial Information for Erik Hite Foundation INC

Erik Hite Foundation INC's annual revenue was $1.1M in tax year 2024, reported on their IRS Form 990. They spent $962K in total expenses. 80% went to programs and services.

Financial Breakdown

What is Erik Hite Foundation INC's total annual expenses?

Erik Hite Foundation INC spent $962K in tax year 2024, according to their IRS Form 990 filing.

How much of Erik Hite Foundation INC's budget goes to programs?

Erik Hite Foundation INC spent $768K (80% of expenses) on programs and services in tax year 2024.

How much does Erik Hite Foundation INC spend on overhead?

Erik Hite Foundation INC's overhead in tax year 2024 includes administrative (6%) and fundraising (14%) of their expenses.

What is Erik Hite Foundation INC's net worth?

Erik Hite Foundation INC had net assets of $1.0M 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.