The Trotter Legacy

Analysis

The Trotter Legacy is a registered charity in United States, based in Tampa, FL. 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 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 2022, The Trotter Legacy reported income of $350k and spending of $423k, spending 121% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $382k to $350k (-8.4%), an average of -2.9% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Trotter Legacy sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Oakmont High School Parents Club Inc ($350k), Wildflower Foundation ($350k) and Community College Partners Program Inc ($350k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (29% of expenses). Other salaries and wages came to $112k. At year end it held assets of $364k against liabilities of $4,066, net assets of $360k. It reported 3 employees.