Legacy Christian Fellowship
Analysis
Legacy Christian Fellowship is a registered charity in United States, based in Stephens City, VA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Legacy Christian Fellowship reported income of $1.9m and spending of $1.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.9m (+80%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Christian Fellowship sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Augsburg Fairview Academy ($1.9m), Coaching for Change Inc ($1.9m) and Center for a New Economy Inc ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $229k (13% of expenses). Other salaries and wages came to $894k. At year end it held assets of $2.6m against liabilities of $1.7m, net assets of $942k. It reported 62 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.8%
- Program services 93%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Augsburg Fairview Academy | Minneapolis | $1.9m |
| Coaching for Change Inc | Taunton | $1.9m |
| Center for a New Economy Inc | San Juan | $1.9m |
| Boulware Springs Charter School | Gainesville | $1.9m |