Legacy Human Services Inc

Analysis

Legacy Human Services Inc is a registered charity in United States, based in Henderson, NC. It received its IRS tax-exemption ruling in February 1975, 51 years ago. 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 June 2023, Legacy Human Services Inc reported income of $4.8m and spending of $4.0m, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $4.8m (+138%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Legacy Human Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Blessings Abound Kansas City Inc ($4.8m), Reach Up Inc ($4.8m) and Adaptive Sports Center of Crested Butte Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $144k (3.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $5.4m against liabilities of $554k, net assets of $4.9m. It reported 74 employees.