990 Scout/ Converge INC/ Financials

Financial Information for Converge INC

Converge INC's annual revenue was $9.8M in tax year 2024, reported on their IRS Form 990. They spent $8.5M in total expenses. 80% went to programs and services.

Financial Breakdown

What is Converge INC's total annual expenses?

Converge INC spent $8.5M in tax year 2024, according to their IRS Form 990 filing.

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

Converge INC spent $6.9M (80% of expenses) on programs and services in tax year 2024.

How much does Converge INC spend on overhead?

Converge INC's overhead in tax year 2024 includes administrative (18%) and fundraising (2%) of their expenses.

What is Converge INC's net worth?

Converge INC had net assets of $2.2M 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.