Financial Information for Wayne State Foundation

Wayne State Foundation's annual revenue was $5.3M in tax year 2024, reported on their IRS Form 990. They spent $7.4M in total expenses. 89% went to programs and services.

Financial Breakdown

What is Wayne State Foundation's total annual expenses?

Wayne State Foundation spent $7.4M in tax year 2024, according to their IRS Form 990 filing.

How much of Wayne State Foundation's budget goes to programs?

Wayne State Foundation spent $6.5M (89% of expenses) on programs and services in tax year 2024.

How much does Wayne State Foundation spend on overhead?

Wayne State Foundation's overhead in tax year 2024 includes administrative (6%) and fundraising (5%) of their expenses.

What is Wayne State Foundation's net worth?

Wayne State Foundation had net assets of $47.5M as of the end of tax year 2024.

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View full Wayne State Foundation 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.