990 Scout/ Innovate Birmingham/ Financials

Financial Information for Innovate Birmingham

Innovate Birmingham's annual revenue was $344K in tax year 2022, reported on their IRS Form 990. They spent $555K in total expenses. 75% went to programs and services.

Financial Breakdown

What is Innovate Birmingham's total annual expenses?

Innovate Birmingham spent $555K in tax year 2022, according to their IRS Form 990 filing.

How much of Innovate Birmingham's budget goes to programs?

Innovate Birmingham spent $414K (75% of expenses) on programs and services in tax year 2022.

How much does Innovate Birmingham spend on overhead?

Innovate Birmingham's overhead in tax year 2022 includes administrative (13%) and fundraising (12%) of their expenses.

What is Innovate Birmingham's net worth?

Innovate Birmingham had net assets of $100K as of the end of tax year 2022.

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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.