Financial Information for Schmitt Island Development Corporation

Schmitt Island Development Corporation's annual revenue was $1.3M in tax year 2025, reported on their IRS Form 990. They spent $1.4M in total expenses. 93% went to programs and services.

Financial Breakdown

What is Schmitt Island Development Corporation's total annual expenses?

Schmitt Island Development Corporation spent $1.4M in tax year 2025, according to their IRS Form 990 filing.

How much of Schmitt Island Development Corporation's budget goes to programs?

Schmitt Island Development Corporation spent $1.3M (93% of expenses) on programs and services in tax year 2025.

How much does Schmitt Island Development Corporation spend on overhead?

Schmitt Island Development Corporation's overhead in tax year 2025 includes administrative (7%) of their expenses.

What is Schmitt Island Development Corporation's net worth?

Schmitt Island Development Corporation had net assets of $403K as of the end of tax year 2025.

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View full Schmitt Island Development Corporation report

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.