Financial Information for Torrance Education Foundation

Torrance Education Foundation's annual revenue was $822K in tax year 2024, reported on their IRS Form 990. They spent $744K in total expenses. 69% went to programs and services.

Financial Breakdown

What is Torrance Education Foundation's total annual expenses?

Torrance Education Foundation spent $744K in tax year 2024, according to their IRS Form 990 filing.

How much of Torrance Education Foundation's budget goes to programs?

Torrance Education Foundation spent $516K (69% of expenses) on programs and services in tax year 2024.

How much does Torrance Education Foundation spend on overhead?

Torrance Education Foundation's overhead in tax year 2024 includes administrative (17%) and fundraising (14%) of their expenses.

What is Torrance Education Foundation's net worth?

Torrance Education Foundation had net assets of $1.7M 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.