Lynden Legacy Inc

Analysis

Lynden Legacy Inc is a registered charity in United States, based in Midway, UT. It received its IRS tax-exemption ruling in August 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, Lynden Legacy Inc reported income of $246k and spending of $199k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $246k (+197%), an average of +197% a year. The sharpest change came in the year to December 2023, when income rose by 197%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lynden Legacy Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within UT. Charities of a similar size with the same main cause include Ramapough Mountain Indians Inc ($246k), Manhattan Senior Center Inc ($246k) and Crestline Cooperative Child Care Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. Compensation of current officers, directors and key employees was $84k (42% of expenses). At year end it held assets of $107k against liabilities of $0, net assets of $107k.