Pillar of Legacy Inc

Analysis

Pillar of Legacy Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in July 1998, 28 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 2021, Pillar of Legacy Inc reported income of $60k and spending of $46k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $43k to $60k (+41%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pillar of Legacy Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within ID. Charities of a similar size with the same main cause include Capital Area Tibetan Association Inc ($60k), Project Help Inc ($60k) and Bealsville Incorporated ($60k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (35% of expenses). At year end it held assets of $35k against liabilities of $310, net assets of $35k. It reported 2 employees.