Living Hope Legacy Inc

Analysis

Living Hope Legacy Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2019, 7 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, Living Hope Legacy Inc reported income of $68k and spending of $77k, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $130k to $68k (-48%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Living Hope Legacy Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MO. Charities of a similar size with the same main cause include Louisiana 4-H Foundation ($68k), Korean-American Parents Associationof Greater New York Inc ($68k) and Utah Sports Hall of Fame Foundation ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.