Legion Community Foundation

Analysis

Legion Community Foundation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Legion Community Foundation reported income of $276k and spending of $306k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $276k (+1139%), an average of +1139% a year. The sharpest change came in the year to December 2023, when income rose by 1139%. Over the whole period it spent 129% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Legion Community Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Chippewa County Fair Association ($276k), Golf Association of Philadelphia Foundation ($276k) and CBHM Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of -$4,193 against liabilities of $12k, net assets of -$16k.