Legacy Ministries for Christ Incorporated

Analysis

Legacy Ministries for Christ Incorporated is a registered charity in United States, based in Peachtree City, GA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Legacy Ministries for Christ Incorporated reported income of $66k and spending of $71k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $66k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Legacy Ministries for Christ Incorporated sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include Word of Joy Incorporated ($66k), Serve the City Resource Group Inc ($66k) and Alan Harris Evangelistic Association Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 53% of the total. At year end it held assets of $55k against liabilities of $943, net assets of $54k.