James W Foley Legacy Foundation Inc

Analysis

James W Foley Legacy Foundation Inc is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, James W Foley Legacy Foundation Inc reported income of $574k and spending of $664k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $574k (+44%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, James W Foley Legacy Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within NH. Charities of a similar size with the same main cause include Neighborhood Counseling Foundation ($574k), Adopt-A-Block of Aroostook ($574k) and Center for Attachment & Trauma Services Inc ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $330k. At year end it held assets of $933k against liabilities of $25k, net assets of $909k. It reported 6 employees.