Legacy International

Analysis

Legacy International is a registered charity in United States, based in Bedford, VA. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Legacy International reported income of $3.3m and spending of $3.3m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $3.3m (+48%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 174%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Legacy International sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include International Book Project Inc ($3.3m), Exodus Cry Inc ($3.3m) and Arab Gulf States Institute in Washington ($3.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $123k (3.7% of expenses). Other salaries and wages came to $752k. At year end it held assets of $373k against liabilities of $57k, net assets of $316k. It reported 41 employees.