Izzo Legacy

Analysis

Izzo Legacy is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Izzo Legacy reported income of $567k and spending of $75k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $567k (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 77693%. Over the whole period it spent 27% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Izzo Legacy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Iaaaa Education Institue Inc ($567k), Fairbanks Youth Advocates ($567k) and Senior Centers Inc ($567k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $1.3m against liabilities of $4,528, net assets of $1.3m.