Financial Information for Initiative Foundation

Initiative Foundation's annual revenue was $15.2M in tax year 2024, reported on their IRS Form 990. They spent $15.7M in total expenses. 86% went to programs and services.

Financial Breakdown

What is Initiative Foundation's total annual expenses?

Initiative Foundation spent $15.7M in tax year 2024, according to their IRS Form 990 filing.

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

Initiative Foundation spent $13.6M (86% of expenses) on programs and services in tax year 2024.

How much does Initiative Foundation spend on overhead?

Initiative Foundation's overhead in tax year 2024 includes administrative (9%) and fundraising (4%) of their expenses.

What is Initiative Foundation's net worth?

Initiative Foundation had net assets of $105.9M 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.