990 Scout/ Somos Accion/ Financials

Financial Information for Somos Accion

Somos Accion's annual revenue was $342K in tax year 2024, reported on their IRS Form 990. They spent $291K in total expenses. 86% went to programs and services.

Financial Breakdown

What is Somos Accion's total annual expenses?

Somos Accion spent $291K in tax year 2024, according to their IRS Form 990 filing.

How much of Somos Accion's budget goes to programs?

Somos Accion spent $251K (86% of expenses) on programs and services in tax year 2024.

How much does Somos Accion spend on overhead?

Somos Accion's overhead in tax year 2024 includes administrative (12%) and fundraising (2%) of their expenses.

What is Somos Accion's net worth?

Somos Accion had net assets of $47K 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.