990 Scout/ Local Cloth INC/ Financials

Financial Information for Local Cloth INC

Local Cloth INC's annual revenue was $413K in tax year 2024, reported on their IRS Form 990. They spent $266K in total expenses. 80% went to programs and services.

Financial Breakdown

What is Local Cloth INC's total annual expenses?

Local Cloth INC spent $266K in tax year 2024, according to their IRS Form 990 filing.

How much of Local Cloth INC's budget goes to programs?

Local Cloth INC spent $212K (80% of expenses) on programs and services in tax year 2024.

How much does Local Cloth INC spend on overhead?

Local Cloth INC's overhead in tax year 2024 includes administrative (15%) and fundraising (5%) of their expenses.

What is Local Cloth INC's net worth?

Local Cloth INC had net assets of $242K as of the end of tax year 2024.

Track Local Cloth INC

Follow to get their new filings, financial changes and grants as they post.

View full Local Cloth INC report

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.