The Legacy Donor Foundation

Analysis

The Legacy Donor Foundation is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, The Legacy Donor Foundation reported income of $168k and spending of $207k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $168k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 421%. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Legacy Donor Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within LA. Charities of a similar size with the same main cause include Sutherland Cranial Teaching ($168k), Comprehensive Human Services Foundation ($168k) and The Learning Community for Person Centered Practices Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $70k (34% of expenses). At year end it held assets of $116k against liabilities of $9,284, net assets of $106k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.