Grambling Legends

Analysis

Grambling Legends is a registered charity in United States, based in Grambling, LA. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grambling Legends reported income of $58k and spending of $66k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $58k (+4.4%), an average of +4.4% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grambling Legends sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within LA. Charities of a similar size with the same main cause include Network of Educational Teams Inc N E T ($58k), Bellevue Independent School District Foundation Inc ($58k) and Libraries of Montrose County Foundation ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.