Future Legends

Analysis

Future Legends is a registered charity in United States, based in Rcho Santa Fe, CA. It received its IRS tax-exemption ruling in October 2016, 10 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 December 2023, Future Legends reported income of $314k and spending of $311k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $314k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Future Legends sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Toledo Christian Schools Foundation ($313k), Marlin Legacy Foundation ($314k) and Excelsior Healthcareer Academy Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.1% of the total. At year end it held assets of $684k against liabilities of $0, net assets of $684k.