Family Legacy Missions International
Analysis
Family Legacy Missions International is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Family Legacy Missions International reported income of $19.4m and spending of $19.9m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $25.9m to $19.4m (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 100% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Family Legacy Missions International sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Ewtn News Inc ($19.3m), Woodlawn Foundation ($19.4m) and Blue Mountain Hospital ($19.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $591k (3.0% of expenses). Other salaries and wages came to $3.0m. It paid $173k in professional fundraising fees. At year end it held assets of $13.9m against liabilities of $9.6m, net assets of $4.2m. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 0.1%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ewtn News Inc | Irondale | $19.3m |
| Woodlawn Foundation | New Rochelle | $19.4m |
| Blue Mountain Hospital | Blanding | $19.1m |
| Altrua Ministries | Austin | $19.4m |