Legacy Counseling Center Inc

Analysis

Legacy Counseling Center Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1990, 36 years ago. Its declared purposes cover mental health and crisis intervention, 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 September 2023, Legacy Counseling Center Inc reported income of $1.9m and spending of $2.0m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.1m to $1.9m (-10%), an average of -2.7% a year. The sharpest change came in the year to September 2022, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Legacy Counseling Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Angels in Paradise Inc ($1.9m), Pluta Cancer Center Foundation Inc ($1.9m) and African American Health Institute ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (4.1% of expenses). Other salaries and wages came to $763k. At year end it held assets of $1.1m against liabilities of $146k, net assets of $950k. It reported 39 employees.