Legends Community and Recreation Complex Inc

Analysis

Legends Community and Recreation Complex Inc is a registered charity in United States, based in Springfield, LA. It received its IRS tax-exemption ruling in October 2023, 3 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 2022, Legends Community and Recreation Complex Inc reported income of $242k and spending of $661k, spending 273% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $1.3m to $242k (-81%), an average of -81% a year. The sharpest change came in the year to December 2022, when income dropped by 81%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Legends Community and Recreation Complex Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within LA. Charities of a similar size with the same main cause include Barry County Council on Aging ($242k), Inspiring Service ($242k) and Casa by the Lakes Inc ($242k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $604k against liabilities of $3,600, net assets of $600k.