Anne Saxelby Legacy Fund Inc

Analysis

Anne Saxelby Legacy Fund Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Anne Saxelby Legacy Fund Inc reported income of $578k and spending of $726k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $503k to $578k (+15%), an average of +15% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anne Saxelby Legacy Fund Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Mountain Shadow Association ($578k), Every Child Lane County ($579k) and Orlando Police Foundation Inc ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $205k. At year end it held assets of $69k against liabilities of $86k, net assets of -$17k. It reported 2 employees.