Living Legacy

Analysis

Living Legacy is a registered charity in United States, based in Luray, VA. It received its IRS tax-exemption ruling in January 2018, 8 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, Living Legacy reported income of $101k and spending of $134k, spending 133% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $212k to $101k (-52%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Legacy sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Hoppers for Heroes ($101k), Shree Swaminarayan Gyanpith USA Inc ($101k) and Gateway to Housing Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $31k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 5 employees.