990 Scout/ Racing Magpie/ Financials

Financial Information for Racing Magpie

Racing Magpie's annual revenue was $515K in tax year 2023, reported on their IRS Form 990. They spent $340K in total expenses. 80% went to programs and services.

Financial Breakdown

What is Racing Magpie's total annual expenses?

Racing Magpie spent $340K in tax year 2023, according to their IRS Form 990 filing.

How much of Racing Magpie's budget goes to programs?

Racing Magpie spent $273K (80% of expenses) on programs and services in tax year 2023.

How much does Racing Magpie spend on overhead?

Racing Magpie's overhead in tax year 2023 includes administrative (16%) and fundraising (3%) of their expenses.

What is Racing Magpie's net worth?

Racing Magpie had net assets of $234K as of the end of tax year 2023.

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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.