Patriot Legacy Fund Inc

Analysis

Patriot Legacy Fund Inc is a registered charity in United States, based in Suwanee, GA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Patriot Legacy Fund Inc reported income of $59k and spending of $40k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $33k to $59k (+79%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Patriot Legacy Fund Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include Oli Gardens Inc ($59k), George Ranch High School Lariettes and Belles Booster Club ($59k) and Oak View Home & School Association ($59k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 57% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.