Legacy Refuge

Analysis

Legacy Refuge is a registered charity in United States, based in Zimmerman, MN. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Legacy Refuge reported income of $229k and spending of $320k, spending 140% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $346k to $229k (-34%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Legacy Refuge sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Community Table Inc ($229k), Caterkids Hawaii ($229k) and Visionary Youth ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $60k (19% of expenses). At year end it held assets of $26k against liabilities of $2,314, net assets of $24k.