Financial Information for Lamar University Foundation INC

Lamar University Foundation INC's annual revenue was $7.2M in tax year 2024, reported on their IRS Form 990. They spent $6.2M in total expenses. 85% went to programs and services.

Financial Breakdown

What is Lamar University Foundation INC's total annual expenses?

Lamar University Foundation INC spent $6.2M in tax year 2024, according to their IRS Form 990 filing.

How much of Lamar University Foundation INC's budget goes to programs?

Lamar University Foundation INC spent $5.3M (85% of expenses) on programs and services in tax year 2024.

How much does Lamar University Foundation INC spend on overhead?

Lamar University Foundation INC's overhead in tax year 2024 includes administrative (10%) and fundraising (5%) of their expenses.

What is Lamar University Foundation INC's net worth?

Lamar University Foundation INC had net assets of $158.9M 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.