Legacy Builders Foundation Inc

Analysis

Legacy Builders Foundation Inc is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2020, Legacy Builders Foundation Inc reported income of $95k and spending of $102k, spending 107% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income grew from $88k to $95k (+7.6%), an average of +7.6% a year. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Legacy Builders Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within GA. Charities of a similar size with the same main cause include Lincoln Economic Advancement & Development Inc ($95k), Pasco-Kennewick Rotary Charitable Trust ($95k) and Southwest United Communities Inc ($95k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,749 against liabilities of $0, net assets of $8,749.