990 Scout/ Launch Michigan/ Financials

Financial Information for Launch Michigan

Launch Michigan's annual revenue was $1.6M in tax year 2024, reported on their IRS Form 990. They spent $1.0M in total expenses. 60% went to programs and services.

Financial Breakdown

What is Launch Michigan's total annual expenses?

Launch Michigan spent $1.0M in tax year 2024, according to their IRS Form 990 filing.

How much of Launch Michigan's budget goes to programs?

Launch Michigan spent $625K (60% of expenses) on programs and services in tax year 2024.

How much does Launch Michigan spend on overhead?

Launch Michigan's overhead in tax year 2024 includes administrative (22%) and fundraising (18%) of their expenses.

What is Launch Michigan's net worth?

Launch Michigan had net assets of $613K 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.