Charity Ball Legacy Foundation

Analysis

Charity Ball Legacy Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charity Ball Legacy Foundation reported income of $261k and spending of $328k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $459k to $261k (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income rose by 140%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charity Ball Legacy Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Central Valley Health Foundation ($261k), Rose Garden Adult Day Services ($261k) and Levitate Foundation Inc ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $9.3m against liabilities of $139, net assets of $9.3m.