Legatus

Analysis

Legatus is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in September 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Legatus reported income of $76k and spending of $74k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $76k (-5.8%), an average of -5.8% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Legatus sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within LA. Charities of a similar size with the same main cause include Pleasant Hill Fourth of July Commission ($76k), Woodland Access Visual Enterprises ($76k) and S L C Police Mutual Aid Charity Trust ($76k).

At year end it held assets of $43k against liabilities of $0, net assets of $43k.