Onelegacy Foundation

Analysis

Onelegacy Foundation is a registered charity in United States, based in Irwindale, CA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Onelegacy Foundation reported income of $4.3m and spending of $6.0m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.8m to $4.3m (-44%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 490%. Over the whole period it spent 131% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Onelegacy Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Brookhaven Ambulance Co Inc ($4.3m), United States Catholic Conference ($4.3m) and Global Down Syndrome Foundation ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 4.8% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $29.2m against liabilities of $987k, net assets of $28.2m. It reported 17 employees.