Wolfhounds Legacy Corp

Analysis

Wolfhounds Legacy Corp is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Wolfhounds Legacy Corp reported income of $92k and spending of $49k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $92k (-0.9%), an average of -0.9% a year. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wolfhounds Legacy Corp sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Safe Haven of Mount Carmel Inc ($92k), California Nursing Students Association Incorporated ($92k) and Little League Baseball Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $192k against liabilities of $7,116, net assets of $185k.