Foundation for Legacy Planning Inc

Analysis

Foundation for Legacy Planning Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Foundation for Legacy Planning Inc reported income of $415k and spending of $102k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $415k (+102%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 552%. Over the whole period it spent 16% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Legacy Planning Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include United Way of Fostoria Ohio Inc ($414k), Fundsy Incorporated ($415k) and United Way of Eastern Lasalle County Inc ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.3m against liabilities of $16k, net assets of $1.3m.