Legacy Life Care Programs

Analysis

Legacy Life Care Programs is a registered charity in United States, based in Columbia, TN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. 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, Legacy Life Care Programs reported income of $156k and spending of $86k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $83k to $156k (+87%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Legacy Life Care Programs sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Harding Township Recreation Association ($156k), Medical Dental Staff Good Samaritan Hospital ($156k) and Twigs Thriftree Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $400 (0.5% of expenses). Other salaries and wages came to $2,060. At year end it held assets of $147k against liabilities of $330, net assets of $147k.