Bruces Legacy Inc

Analysis

Bruces Legacy Inc is a registered charity in United States, based in BLK River FLS, WI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Bruces Legacy Inc reported income of $68k and spending of $58k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $68k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 51% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Bruces Legacy Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within WI. Charities of a similar size with the same main cause include Berlin Fire Dept ($67k), Arlington Fire Protection Inc ($68k) and Cornell Hook & Ladder Fire Company Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k.