The Legacy Center Inc

Analysis

The Legacy Center Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Legacy Center Inc reported income of $345k and spending of $240k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $295k to $345k (+17%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Legacy Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include Chesterfield Courts Inc ($345k), Truth Ministries Inc ($345k) and Crisis Intervention Shelter Service ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 2.3% of the total. Other salaries and wages came to $73k. At year end it held assets of $198k against liabilities of $0, net assets of $198k.