National Charity League Inc Legacy Frisco Chapter

Analysis

National Charity League Inc Legacy Frisco Chapter is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2024, National Charity League Inc Legacy Frisco Chapter reported income of $68k and spending of $61k, spending 90% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $61k to $68k (+11%), an average of +11% a year. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Charity League Inc Legacy Frisco Chapter sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Community Action of Pequot Lakes ($68k), Oak Ridge Land Bank Inc ($68k) and National Charity League Sacramento Chapter Inc ($68k).

On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 9.1% of the total. At year end it held assets of $48k against liabilities of $1,715, net assets of $46k.