Legatus

Analysis

Legatus is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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 December 2023, Legatus reported income of $93k and spending of $93k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $93k (+4.6%), an average of +4.6% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Legatus sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Wade Thomas Parents Club ($93k), Cherry Creek School District Parent Teacher Community Council Inc ($93k) and Salisbury Youth Hockey Inc ($93k).

At year end it held assets of $108k against liabilities of $0, net assets of $108k.