New Legacy Reentry Corp

Analysis

New Legacy Reentry Corp is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 December 2023, New Legacy Reentry Corp reported income of $159k and spending of $210k, spending 132% of what it took in. Across the 3 years on record, from December 2018 to December 2023, income fell from $223k to $159k (-29%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, New Legacy Reentry Corp sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include Joyful Connections ($159k), Agape VN ($159k) and Casa for Clermont Kids ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. At year end it held assets of $6,693 against liabilities of $38k, net assets of -$31k.