Legacy Philanthropy Works
Analysis
Legacy Philanthropy Works is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Legacy Philanthropy Works reported income of $3.2m and spending of $2.5m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $576k to $3.2m (+448%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 84% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Legacy Philanthropy Works sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Birmingham Botanical Society Inc ($3.2m), Georgia Association of Water Professionals Inc ($3.2m) and Blue Ridge Parkway Foundation ($3.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $165k (6.5% of expenses). Other salaries and wages came to $1.3m. It paid $20k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $311k, net assets of $1.3m. It reported 28 employees.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 69%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Birmingham Botanical Society Inc | Mountain BRK | $3.2m |
| Georgia Association of Water Professionals Inc | Marietta | $3.2m |
| Blue Ridge Parkway Foundation | Winston Salem | $3.1m |
| Switch Energy Alliance | Austin | $3.2m |