Legado Inc

Analysis

Legado Inc is a registered charity in United States, based in Jackson, NH. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Legado Inc reported income of $1.4m and spending of $918k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $655k to $1.4m (+118%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 83% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Legado Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NH. Charities of a similar size with the same main cause include Evolve Houston ($1.4m), Environmental Media Association Inc ($1.4m) and Alliance for Water Efficiency NFP ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $120k (13% of expenses). Other salaries and wages came to $264k. At year end it held assets of $846k against liabilities of $67k, net assets of $779k. It reported 6 employees.