990 Scout/ Salem INC/ Financials

Financial Information for Salem INC

Salem INC's annual revenue was $2.5M in tax year 2024, reported on their IRS Form 990. They spent $2.4M in total expenses. 66% went to programs and services.

Financial Breakdown

What is Salem INC's total annual expenses?

Salem INC spent $2.4M in tax year 2024, according to their IRS Form 990 filing.

How much of Salem INC's budget goes to programs?

Salem INC spent $1.6M (66% of expenses) on programs and services in tax year 2024.

How much does Salem INC spend on overhead?

Salem INC's overhead in tax year 2024 includes administrative (34%) and fundraising (0%) of their expenses.

What is Salem INC's net worth?

Salem INC had net assets of $1.1M 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.