Legacy25 Inc

Analysis

Legacy25 Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Legacy25 Inc reported income of $2.1m and spending of $5,441, leaving 100% of income unspent that year. The sharpest change came in the year to December 2022, when income rose by 72721%. Over the whole period it spent 0.5% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Legacy25 Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Phillips-Strickland House Corporation ($2.1m), Springvale Terrace Inc ($2.1m) and Salisbury Housing Committee Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.