Financial Information for Hedco Local Development Corporation

Hedco Local Development Corporation's annual revenue was $1.2M in tax year 2024, reported on their IRS Form 990. They spent $952K in total expenses. 89% went to programs and services.

Financial Breakdown

What is Hedco Local Development Corporation's total annual expenses?

Hedco Local Development Corporation spent $952K in tax year 2024, according to their IRS Form 990 filing.

How much of Hedco Local Development Corporation's budget goes to programs?

Hedco Local Development Corporation spent $851K (89% of expenses) on programs and services in tax year 2024.

How much does Hedco Local Development Corporation spend on overhead?

Hedco Local Development Corporation's overhead in tax year 2024 includes administrative (11%) and fundraising (0%) of their expenses.

What is Hedco Local Development Corporation's net worth?

Hedco Local Development Corporation had net assets of $5.4M as of the end of tax year 2024.

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View full Hedco Local 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.