Financial Information for Ares Charitable Foundation

Ares Charitable Foundation's annual revenue was $13.9M in tax year 2024, reported on their IRS Form 990. They spent $13.3M in total expenses. 93% went to programs and services.

Financial Breakdown

What is Ares Charitable Foundation's total annual expenses?

Ares Charitable Foundation spent $13.3M in tax year 2024, according to their IRS Form 990 filing.

How much of Ares Charitable Foundation's budget goes to programs?

Ares Charitable Foundation spent $12.4M (93% of expenses) on programs and services in tax year 2024.

How much does Ares Charitable Foundation spend on overhead?

Ares Charitable Foundation's overhead in tax year 2024 includes administrative (7%) and fundraising (0%) of their expenses.

What is Ares Charitable Foundation's net worth?

Ares Charitable Foundation had net assets of $-1.6M 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.