Lees-Mcrae College Incorporated
Education · Banner Elk, North Carolina
Po Box 128, Banner Elk, NC 28604-0128
Annual Revenue
$38.5M
Total Expenses
$37.3M
Total Assets
$100.0M
Program Spending
79%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$794K
2.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$9.5M
Total Payroll
$10.3M
28% of total expenses
Where the Money Goes
Trust Score Breakdown
Program Spending Ratio
79% of expenses go to programs
Revenue & Stability
$38.5M annual revenue
Executive Compensation
$794K total officer comp (2.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$100.0M in assets
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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.