Legacy Builders Ministry

Analysis

Legacy Builders Ministry is a registered charity in United States, based in Eureka, MO. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Legacy Builders Ministry reported income of $382k and spending of $339k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $352k to $382k (+8.5%), an average of +8.5% a year. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Legacy Builders Ministry sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within MO. Charities of a similar size with the same main cause include Cameneti Ministries Inc ($382k), American European Bethel Mission Inc ($382k) and Iglesia Cristo Mi Redentor Ministerio Elohim Inc ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $150k (44% of expenses). Other salaries and wages came to $38k. At year end it held assets of $124k against liabilities of $13k, net assets of $111k. It reported 2 employees.