Legacy for the Kingdom

Analysis

Legacy for the Kingdom is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Legacy for the Kingdom reported income of $3.9m and spending of $3.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $3.9m (+203%), an average of +32% a year. The sharpest change came in the year to June 2020, when income rose by 77%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Legacy for the Kingdom sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Dakota Resources ($3.9m), International Leadership Institute Inc ($3.9m) and Wichita Falls Faith Mission Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 49% of the total. At year end it held assets of $42.8m against liabilities of $19.4m, net assets of $23.4m.