5 Star Legacy Foundation

Analysis

5 Star Legacy Foundation is a registered charity in United States, based in Highland, UT. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, 5 Star Legacy Foundation reported income of $65k and spending of $25k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $65k (-5.7%), an average of -5.7% a year. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 5 Star Legacy Foundation sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within UT. Charities of a similar size with the same main cause include Teddy Kim Foundation ($65k), Benefitting Animals Through Responsibility and Compassion Inc ($65k) and Wayne County Childrens Christmas Bureau ($65k).

At year end it held assets of $95k against liabilities of $0, net assets of $95k.