990 Scout/ Racing for Kids/ Financials

Financial Information for Racing for Kids

Racing for Kids's annual revenue was $312K in tax year 2024, reported on their IRS Form 990. They spent $360K in total expenses. 64% went to programs and services.

Financial Breakdown

What is Racing for Kids's total annual expenses?

Racing for Kids spent $360K in tax year 2024, according to their IRS Form 990 filing.

How much of Racing for Kids's budget goes to programs?

Racing for Kids spent $230K (64% of expenses) on programs and services in tax year 2024.

How much does Racing for Kids spend on overhead?

Racing for Kids's overhead in tax year 2024 includes administrative (24%) and fundraising (12%) of their expenses.

What is Racing for Kids's net worth?

Racing for Kids had net assets of $115K 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.