Wild Sheep Legacy Foundation

Analysis

Wild Sheep Legacy Foundation is a registered charity in United States, based in Garfield, NM. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wild Sheep Legacy Foundation reported income of $2.2m and spending of $475k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $657k to $2.2m (+234%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 33% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wild Sheep Legacy Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within NM. Charities of a similar size with the same main cause include Cattlemens Ball of Nebraska Inc ($2.2m), United Way of South Texas ($2.2m) and El Paso Alliance Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $13.1m against liabilities of $0, net assets of $13.1m.