990 Scout/ Passion Works/ Financials

Financial Information for Passion Works

Passion Works's annual revenue was $1.2M in tax year 2024, reported on their IRS Form 990. They spent $795K in total expenses. 80% went to programs and services.

Financial Breakdown

What is Passion Works's total annual expenses?

Passion Works spent $795K in tax year 2024, according to their IRS Form 990 filing.

How much of Passion Works's budget goes to programs?

Passion Works spent $639K (80% of expenses) on programs and services in tax year 2024.

How much does Passion Works spend on overhead?

Passion Works's overhead in tax year 2024 includes administrative (12%) and fundraising (8%) of their expenses.

What is Passion Works's net worth?

Passion Works had net assets of $630K 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.