Financial Information for Merito Foundation INC

Merito Foundation INC's annual revenue was $557K in tax year 2024, reported on their IRS Form 990. They spent $546K in total expenses. 89% went to programs and services.

Financial Breakdown

What is Merito Foundation INC's total annual expenses?

Merito Foundation INC spent $546K in tax year 2024, according to their IRS Form 990 filing.

How much of Merito Foundation INC's budget goes to programs?

Merito Foundation INC spent $487K (89% of expenses) on programs and services in tax year 2024.

How much does Merito Foundation INC spend on overhead?

Merito Foundation INC's overhead in tax year 2024 includes administrative (9%) and fundraising (2%) of their expenses.

What is Merito Foundation INC's net worth?

Merito Foundation INC had net assets of $128K 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.