Financial Information for Michael Magro Foundation INC

Michael Magro Foundation INC's annual revenue was $330K in tax year 2024, reported on their IRS Form 990. They spent $336K in total expenses. 10% went to programs and services.

Financial Breakdown

What is Michael Magro Foundation INC's total annual expenses?

Michael Magro Foundation INC spent $336K in tax year 2024, according to their IRS Form 990 filing.

How much of Michael Magro Foundation INC's budget goes to programs?

Michael Magro Foundation INC spent $34K (10% of expenses) on programs and services in tax year 2024.

How much does Michael Magro Foundation INC spend on overhead?

Michael Magro Foundation INC's overhead in tax year 2024 includes administrative (5%) and fundraising (85%) of their expenses.

What is Michael Magro Foundation INC's net worth?

Michael Magro Foundation INC had net assets of $68K 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.