The Legacy Center for Community Success

Analysis

The Legacy Center for Community Success is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The Legacy Center for Community Success reported income of $766k and spending of $758k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $591k to $766k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Legacy Center for Community Success sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include Blue Springs Swim Parents Club ($766k), Special Delivery-San Diego ($766k) and Unit Scholarship Fund Inc ($766k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $75k (9.9% of expenses). Other salaries and wages came to $298k. At year end it held assets of $750k against liabilities of $426k, net assets of $325k. It reported 9 employees.