62nd & 65th Regiments Legacy Foundation Inc

Analysis

62nd & 65th Regiments Legacy Foundation Inc is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in August 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, 62nd & 65th Regiments Legacy Foundation Inc reported income of $686k and spending of $680k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $865k to $686k (-21%), an average of -4.5% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 62nd & 65th Regiments Legacy Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Elga Credit Union Foundation for Impact ($686k), Potsdam Public Library ($686k) and Ppsel Building Corporation ($686k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% of the total. Compensation of current officers, directors and key employees was $70k (10% of expenses). Other salaries and wages came to $23k. At year end it held assets of $12.0m against liabilities of $16k, net assets of $12.0m. It reported 3 employees.