Adc Legacy Foundation

Analysis

Adc Legacy Foundation is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Adc Legacy Foundation reported income of $352k and spending of $332k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $258k to $352k (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 110%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Adc Legacy Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within AR. Charities of a similar size with the same main cause include Fleur de Que ($352k), Sav-A-Life of the Mississippi Gulf Coast Inc ($352k) and Friends of Mascoma Foundation ($352k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% of the total. Other salaries and wages came to $103k. At year end it held assets of $171k against liabilities of $0, net assets of $171k.