Financial Information for Michael Ray Lee Foundation

Michael Ray Lee Foundation's annual revenue was $165K in tax year 2024, reported on their IRS Form 990. They spent $97K in total expenses. 89% went to programs and services.

Financial Breakdown

What is Michael Ray Lee Foundation's total annual expenses?

Michael Ray Lee Foundation spent $97K in tax year 2024, according to their IRS Form 990 filing.

How much of Michael Ray Lee Foundation's budget goes to programs?

Michael Ray Lee Foundation spent $86K (89% of expenses) on programs and services in tax year 2024.

How much does Michael Ray Lee Foundation spend on overhead?

Michael Ray Lee Foundation's overhead in tax year 2024 includes administrative (11%) and fundraising (0%) of their expenses.

What is Michael Ray Lee Foundation's net worth?

Michael Ray Lee Foundation had net assets of $457K 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.