Frank and Barbara Broyles Legacy Foundation

Analysis

Frank and Barbara Broyles Legacy Foundation is a registered charity in United States, based in Elm Springs, AR. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Frank and Barbara Broyles Legacy Foundation reported income of $506k and spending of $382k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $356k to $506k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Frank and Barbara Broyles Legacy Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AR. Charities of a similar size with the same main cause include Edge Foundation ($505k), Fitms Neurobalance Center NFP ($506k) and Connecticut Foundation for Dental Outreach Inc ($505k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. Other salaries and wages came to $222k. At year end it held assets of $432k against liabilities of $95k, net assets of $336k. It reported 2 employees.