Legacy of Excellence Inc
Analysis
Legacy of Excellence Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 2025. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2021, Legacy of Excellence Inc reported income of $10.5m and spending of $10.2m, spending 97% of its income. Across the 3 years on record, from June 2019 to June 2021, income grew from $9.3m to $10.5m (+13%), an average of +6.3% a year. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy of Excellence Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within LA. Charities of a similar size with the same main cause include Horizon Educational Services of Columbus Inc ($10.5m), Charitable Gift America Inc ($10.5m) and Proliteracy Worldwide ($10.5m).
On its Form 990 for the period ending June 2021, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $5.1m. At year end it held assets of $3.5m against liabilities of $1.4m, net assets of $2.0m. It reported 121 employees.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Program services 71%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Horizon Educational Services of Columbus Inc | Columbus | $10.5m |
| Charitable Gift America Inc | Ponte Verdra Beach | $10.5m |
| Proliteracy Worldwide | Syracuse | $10.5m |
| Aquinas Institute of Rochester | Rochester | $10.5m |