990 Scout/ Carmel Foundation/ Financials

Financial Information for Carmel Foundation

Carmel Foundation's annual revenue was $2.8M in tax year 2024, reported on their IRS Form 990. They spent $3.1M in total expenses. 55% went to programs and services.

Financial Breakdown

What is Carmel Foundation's total annual expenses?

Carmel Foundation spent $3.1M in tax year 2024, according to their IRS Form 990 filing.

How much of Carmel Foundation's budget goes to programs?

Carmel Foundation spent $1.7M (55% of expenses) on programs and services in tax year 2024.

How much does Carmel Foundation spend on overhead?

Carmel Foundation's overhead in tax year 2024 includes administrative (32%) and fundraising (13%) of their expenses.

What is Carmel Foundation's net worth?

Carmel Foundation had net assets of $21.4M 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.