Financial Information for The Michael E Thornton Foundation

The Michael E Thornton Foundation's annual revenue was $476K in tax year 2024, reported on their IRS Form 990. They spent $457K in total expenses. 35% went to programs and services.

Financial Breakdown

What is The Michael E Thornton Foundation's total annual expenses?

The Michael E Thornton Foundation spent $457K in tax year 2024, according to their IRS Form 990 filing.

How much of The Michael E Thornton Foundation's budget goes to programs?

The Michael E Thornton Foundation spent $160K (35% of expenses) on programs and services in tax year 2024.

How much does The Michael E Thornton Foundation spend on overhead?

The Michael E Thornton Foundation's overhead in tax year 2024 includes administrative (50%) and fundraising (15%) of their expenses.

What is The Michael E Thornton Foundation's net worth?

The Michael E Thornton Foundation had net assets of $206K 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.