Legacy Outfitters

Analysis

Legacy Outfitters is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Legacy Outfitters reported income of $393k and spending of $252k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $315k to $393k (+25%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Legacy Outfitters sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Center for Peace Incorporated ($393k), Hope Everlasting Ministry ($393k) and Inherit the Earth Outreach ($393k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $90k (36% of expenses). At year end it held assets of $442k against liabilities of $30k, net assets of $413k. It reported 2 employees.