990 Scout/ Oceanites INC/ Financials

Financial Information for Oceanites INC

Oceanites INC's annual revenue was $217K in tax year 2024, reported on their IRS Form 990. They spent $194K in total expenses. 85% went to programs and services.

Financial Breakdown

What is Oceanites INC's total annual expenses?

Oceanites INC spent $194K in tax year 2024, according to their IRS Form 990 filing.

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

Oceanites INC spent $165K (85% of expenses) on programs and services in tax year 2024.

How much does Oceanites INC spend on overhead?

Oceanites INC's overhead in tax year 2024 includes administrative (6%) and fundraising (9%) of their expenses.

What is Oceanites INC's net worth?

Oceanites INC had net assets of $43K 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.