Legacy Trust of Marianna Florida

Analysis

Legacy Trust of Marianna Florida is a registered charity in United States, based in Marianna, FL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Legacy Trust of Marianna Florida reported income of $2.3m and spending of $1.9m, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $993k to $2.3m (+128%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Legacy Trust of Marianna Florida sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Foundation for Christianstewardship ($2.3m), Tetelestai Ministries Inc ($2.3m) and Christ for All Peoples Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.4m against liabilities of $402, net assets of $2.4m.