Financial Information for Schermco Foundation INC

Schermco Foundation INC's annual revenue was $350K in tax year 2024, reported on their IRS Form 990. They spent $312K in total expenses. 26% went to programs and services.

Financial Breakdown

What is Schermco Foundation INC's total annual expenses?

Schermco Foundation INC spent $312K in tax year 2024, according to their IRS Form 990 filing.

How much of Schermco Foundation INC's budget goes to programs?

Schermco Foundation INC spent $82K (26% of expenses) on programs and services in tax year 2024.

How much does Schermco Foundation INC spend on overhead?

Schermco Foundation INC's overhead in tax year 2024 includes administrative (4%) and fundraising (0%) of their expenses.

What is Schermco Foundation INC's net worth?

Schermco Foundation INC had net assets of $307K 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.