Christian J Santo Legacy Foundation Inc

Analysis

Christian J Santo Legacy Foundation Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover human services, 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, Christian J Santo Legacy Foundation Inc reported income of $138k and spending of $79k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $219k to $138k (-37%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Christian J Santo Legacy Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Entiat Valley Community Servicesfoodbank ($138k), Woodward Senior Nutrition Program ($138k) and Hastings Farmers Market Inc ($138k).

At year end it held assets of $319k against liabilities of $7,990, net assets of $311k.