Legacy Medical Care Inc

Analysis

Legacy Medical Care Inc is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Legacy Medical Care Inc reported income of $9.5m and spending of $9.1m, spending 96% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $10.1m to $9.5m (-6.3%), an average of -1.6% a year. The sharpest change came in the year to March 2020, when income dropped by 31%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Legacy Medical Care Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Loretto Living Center at Loretto Motherhouse Inc ($9.4m), Pathways Behavioral Services Inc ($9.5m) and Community Ambulance Service ($9.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $169k (1.9% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $3.4m against liabilities of $1.3m, net assets of $2.2m. It reported 86 employees.