Hung & Lee Family Foundation is a 501(c)(3) organization based in Mountain View, California, registered in 2012, with $5,545 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$5,545
▲ 244.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3,473
Net assets
$47K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hung & Lee Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hung & Lee Family Foundation: 163 mo reserves · +37% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hung & Lee Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hung & Lee Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $18K (FY2013) to $5,545 (FY2024) across 12 reported years.
Financial snapshot
Operating margin
37.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$76K
Total liabilities
$29K
Net assets
$47K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,545▲245% | $3,473▼90.7% | $47,197▲4.6% | $76,214▲35.6% | 990PF |
| 2023 | $1,609▲189% | $37,287▼0.8% | $45,125▼44.2% | $56,192▼30.5% | 990PF |
| 2022 | $556▲31.4% | $37,584▲65.8% | $80,803▼31.4% | $80,803▼31.4% | 990PF |
| 2021 | $423▼99.5% | $22,663▲274% | $117,831▼15.9% | $117,831▼15.9% | 990PF |
| 2020 | $93,156▲1635% | $6,064▲28.8% | $140,071▲164% | $140,071▲164% | 990PF |
| 2019 | $5,369▲1452% | $4,709▲192% | $52,979▲1.3% | $52,979▲1.3% | 990PF |
| 2018 | $346▼93.5% | $1,614▼46.6% | $52,319▼2.4% | $52,319▼2.4% | 990PF |
| 2017 | $5,302▲91.2% | $3,022▲3.2% | $53,587▲4.4% | $53,587▲4.4% | 990PF |
| 2016 | $2,773▼21.5% | $2,929▼3.8% | $51,307▼0.3% | $51,307▼0.3% | 990PF |
| 2015 | $3,531▼86.2% | $3,046▲26.9% | $51,463▲1.0% | $51,463▲1.0% | 990PF |
| 2014 | $25,601▲41.5% | $2,400▼29.0% | $50,978▲83.5% | $50,978▲83.5% | 990PF |
| 2013 | $18,094 | $3,381 | $27,777 | $27,777 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Hung & Lee Family Foundation (EIN 45-5329133) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.