Clay County African American Legacy Inc

Analysis

Clay County African American Legacy Inc is a registered charity in United States, based in Liberty, MO. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 December 2023, Clay County African American Legacy Inc reported income of $112k and spending of $104k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $112k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clay County African American Legacy Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within MO. Charities of a similar size with the same main cause include Berger Collection Education TR ($112k), Cedar Falls Band Inc ($112k) and Friends of the Lindbergh Flyerettes ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.