Fullmer Legacy Foundation

Analysis

Fullmer Legacy Foundation is a registered charity in United States, based in South Jordan, UT. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Fullmer Legacy Foundation reported income of $2.6m and spending of $297k, leaving 89% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $330k to $2.6m (+688%), an average of +181% a year. The sharpest change came in the year to December 2023, when income rose by 681%. Over the whole period it spent 15% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fullmer Legacy Foundation 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 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include STEM Alliance of Larchmont-Mamaroneck Inc ($2.6m), Oyate Group ($2.6m) and Don Moyer Boys & Girls Club ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $16k (5.6% of expenses). At year end it held assets of $5.6m against liabilities of $108k, net assets of $5.4m. It reported 1 employees.