Deborahs Legacy Inc

Analysis

Deborahs Legacy Inc is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 May 2024, Deborahs Legacy Inc reported income of $250k and spending of $243k, spending 97% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $214k to $250k (+17%), an average of +5.4% a year. The sharpest change came in the year to May 2022, when income rose by 87%. Over the whole period it spent 66% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Deborahs Legacy Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within NE. Charities of a similar size with the same main cause include Houlton Housing for the Elderly ($250k), Prelude Si Corporation ($250k) and Memphis Housing Strategies ($250k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 80% and program service revenue 18% of the total. Other salaries and wages came to $125k. It paid $20k in professional fundraising fees. At year end it held assets of $575k against liabilities of $14k, net assets of $562k. It reported 11 employees.