Legacy Education and Community Empowerment Foundation Inc

Analysis

Legacy Education and Community Empowerment Foundation Inc is a registered charity in United States, based in Forest, MS. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Legacy Education and Community Empowerment Foundation Inc reported income of $167k and spending of $164k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $167k (+9.9%), an average of +9.9% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Education and Community Empowerment Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within MS. Charities of a similar size with the same main cause include Spartans Athletic Booster Club Inc ($167k), Scholarships to Economically Poorstudents ($167k) and Indiana Association of Chiefs of Police Foundation Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $218k against liabilities of $1,650, net assets of $216k.