Our Legacy

Analysis

Our Legacy is a registered charity in United States, based in Owatonna, MN. It received its IRS tax-exemption ruling in March 2012, 14 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 December 2023, Our Legacy reported income of $573k and spending of $700k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $910k to $573k (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 670%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Our Legacy sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Seedline International Inc ($573k), Grace Christian Church Mechanicsville Inc ($573k) and Good TV USA Ministries ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. At year end it held assets of $5,993 against liabilities of $0, net assets of $5,993.