Financial Information for Somali Empowerment Circle

Somali Empowerment Circle's annual revenue was $646K in tax year 2024, reported on their IRS Form 990. They spent $461K in total expenses. 85% went to programs and services.

Financial Breakdown

What is Somali Empowerment Circle's total annual expenses?

Somali Empowerment Circle spent $461K in tax year 2024, according to their IRS Form 990 filing.

How much of Somali Empowerment Circle's budget goes to programs?

Somali Empowerment Circle spent $392K (85% of expenses) on programs and services in tax year 2024.

How much does Somali Empowerment Circle spend on overhead?

Somali Empowerment Circle's overhead in tax year 2024 includes administrative (15%) and fundraising (0%) of their expenses.

What is Somali Empowerment Circle's net worth?

Somali Empowerment Circle had net assets of $215K 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.