Legatus

Analysis

Legatus is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 1989, 37 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, Legatus reported income of $124k and spending of $122k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $124k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Legatus sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MO. Charities of a similar size with the same main cause include PTA Georgia Congress ($124k), United Fund of Grinnell Iowa Inc ($124k) and Empowering Youth Towards Excellence ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.6% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.