Childrens Legacy Center

Analysis

Childrens Legacy Center is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Childrens Legacy Center reported income of $12.7m and spending of $6.0m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $12.7m (+4498%), an average of +160% a year. The sharpest change came in the year to December 2020, when income rose by 468%. Over the whole period it spent 60% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Childrens Legacy Center sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Clubs of Sarasota and Desoto Counties Inc ($12.7m), Boys & Girls Clubs of Silicon Valley ($12.7m) and His Ideas Inc ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $221k (3.7% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $9.3m against liabilities of $1.3m, net assets of $8.0m. It reported 64 employees.