Ellen Reece Legacy Corp

Analysis

Ellen Reece Legacy Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ellen Reece Legacy Corp reported income of $327k and spending of $327k, spending 100% of its income. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ellen Reece Legacy Corp sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Elkhart Education Foundation ($327k), Sacred Heart of Jesus Daycare-Preschool-Kindergarten Inc ($327k) and Charityex Foundation Inc ($327k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7.3m against liabilities of $10.4m, net assets of -$3.1m.