Christian Legacy Foundation
Analysis
Christian Legacy Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Christian Legacy Foundation reported income of $61k and spending of $197k, spending 320% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $89k to $61k (-31%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 176% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Christian Legacy Foundation 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 24th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Whole World Ministries Inc ($61k), Heavenly Holiday Ministries Inc ($61k) and 11 13 Ministries ($61k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.4% of the total. Compensation of current officers, directors and key employees was $102k (52% of expenses). At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.4%
- Other 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Whole World Ministries Inc | Gloucester | $61k |
| Heavenly Holiday Ministries Inc | Saint Cloud | $61k |
| 11 13 Ministries | Gering | $61k |
| Life Bridge Ministries | Folsom | $61k |