Legacy of Pearls Foundation Inc

Analysis

Legacy of Pearls Foundation Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in June 2025. 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 2020, Legacy of Pearls Foundation Inc reported income of $145k and spending of $97k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $220k to $145k (-34%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy of Pearls Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include Indiana Air Search & Rescue Inc ($145k), PS 34 Oliver H Perry PTA ($145k) and Literacy Initiatives ($145k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.