Legacy Project

Analysis

Legacy Project is a registered charity in United States, based in Massillon, OH. 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, Legacy Project reported income of $785k and spending of $395k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to June 2024, income grew from $180k to $785k (+336%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Project sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include University of Alabama Donor Advised Fund ($785k), College Aim Inc ($785k) and Guatemala Relief and Compassion Effort ($784k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $84k (21% of expenses). Other salaries and wages came to $187k. At year end it held assets of $915k against liabilities of $0, net assets of $915k. It reported 10 employees.