Financial Information for Bag IT

Bag IT's annual revenue was $741K in tax year 2024, reported on their IRS Form 990. They spent $650K in total expenses. 85% went to programs and services.

Financial Breakdown

What is Bag IT's total annual expenses?

Bag IT spent $650K in tax year 2024, according to their IRS Form 990 filing.

How much of Bag IT's budget goes to programs?

Bag IT spent $553K (85% of expenses) on programs and services in tax year 2024.

How much does Bag IT spend on overhead?

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

What is Bag IT's net worth?

Bag IT had net assets of $246K 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.