This study aimed to identify how the ratio of inorganic-to-organic components in animal manure compost (AMC) affected both lead immobilization and microbial activity in lead-contaminated soil. When AMC containing 50% or more inorganic fraction with high phosphorous content was applied to contaminated soil, the amounts of water-soluble lead in it were suppressed by over 88% from the values in the soil without compost. The residual fraction under sequential extraction increased with the inorganic fraction in the AMC; however, in those AMCs, the levels of microbial enzyme activity were the same or less than those in the control soil. The application of AMC containing 25% inorganic fraction could alter the lead phases to be more insoluble while improving microbial enzyme activities; however, no suppression of the level of water-soluble lead existed during the first 30 days. These results indicate that compost containing an inorganic component of 50% or more with high phosphorus content is suitable for immobilizing lead; however, in the case where low precipitation is expected for a month, AMC containing 25% inorganic component could be used to both immobilize lead and restore microbial activity.