Legacy Connections

Analysis

Legacy Connections is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Legacy Connections reported income of $2.5m and spending of $3.0m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.5m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Legacy Connections sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include St Peters Hockey Club ($2.5m), Intercollegiate Womens Lacrosse Coaches Association Inc ($2.5m) and Untermyer Gardens Conservancy ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $46k. At year end it held assets of $8.4m against liabilities of $1.1m, net assets of $7.3m.