Bakersfield Ivy Legacy Foundation Inc

Analysis

Bakersfield Ivy Legacy Foundation Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bakersfield Ivy Legacy Foundation Inc reported income of $85k and spending of $53k, leaving 38% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $25k to $85k (+235%), an average of +83% a year. The sharpest change came in the year to June 2024, when income rose by 182%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bakersfield Ivy Legacy Foundation Inc 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 32nd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Inspiring Girls USA Inc ($85k), Holyoke City Wide PTO Inc ($85k) and Lean Product and Process Development Exchange Inc ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.