Financial Information for New Development Corporation

New Development Corporation's annual revenue was $804K in tax year 2025, reported on their IRS Form 990. They spent $520K in total expenses. 96% went to programs and services.

Financial Breakdown

What is New Development Corporation's total annual expenses?

New Development Corporation spent $520K in tax year 2025, according to their IRS Form 990 filing.

How much of New Development Corporation's budget goes to programs?

New Development Corporation spent $501K (96% of expenses) on programs and services in tax year 2025.

How much does New Development Corporation spend on overhead?

New Development Corporation's overhead in tax year 2025 includes administrative (3%) and fundraising (0%) of their expenses.

What is New Development Corporation's net worth?

New Development Corporation had net assets of $421K 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.