The Legacy Home Ministries
Analysis
The Legacy Home Ministries is a registered charity in United States, based in East Moline, IL. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, The Legacy Home Ministries reported income of $161k and spending of $215k, spending 134% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $351k to $161k (-54%), an average of -32% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 72% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Legacy Home Ministries sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Cirenas Inc ($161k), Tibetan Association of Colorado Inc ($161k) and A Touch of Love Foundation ($160k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $314k against liabilities of $0, net assets of $314k.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cirenas Inc | New York | $161k |
| Tibetan Association of Colorado Inc | Broomfield | $161k |
| A Touch of Love Foundation | Ventura | $160k |
| Manhattan His Association | Manhattan | $161k |