The Legacy Senior Communities Foundation

Analysis

The Legacy Senior Communities Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The Legacy Senior Communities Foundation reported income of $8.1m and spending of $2.6m, leaving 68% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $517k to $8.1m (+1467%), an average of +99% a year. The sharpest change came in the year to September 2020, when income rose by 164%. Over the whole period it spent 58% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, The Legacy Senior Communities Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Animal Humane Association of New Mexico Inc ($8.1m), Resolve Inc ($8.1m) and Companions and Animals for Reform and Equity Inc ($8.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $126k. At year end it held assets of $22.3m against liabilities of $2,498, net assets of $22.3m. It reported 2 employees.