Financial Information for Racing Industry Charitable Foundation INC

Racing Industry Charitable Foundation INC's annual revenue was $810K in tax year 2024, reported on their IRS Form 990. They spent $796K in total expenses. 86% went to programs and services.

Financial Breakdown

What is Racing Industry Charitable Foundation INC's total annual expenses?

Racing Industry Charitable Foundation INC spent $796K in tax year 2024, according to their IRS Form 990 filing.

How much of Racing Industry Charitable Foundation INC's budget goes to programs?

Racing Industry Charitable Foundation INC spent $681K (86% of expenses) on programs and services in tax year 2024.

How much does Racing Industry Charitable Foundation INC spend on overhead?

Racing Industry Charitable Foundation INC's overhead in tax year 2024 includes administrative (14%) and fundraising (0%) of their expenses.

What is Racing Industry Charitable Foundation INC's net worth?

Racing Industry Charitable Foundation INC had net assets of $327K as of the end of tax year 2024.

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View full Racing Industry Charitable Foundation INC report

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.