Bobcat Legacy Foundation Inc

Analysis

Bobcat Legacy Foundation Inc is a registered charity in United States, based in Peosta, IA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bobcat Legacy Foundation Inc reported income of $219k and spending of $500k, spending 229% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $219k (+167%), an average of +167% a year. The sharpest change came in the year to December 2023, when income rose by 167%. Over the whole period it spent 169% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bobcat Legacy Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Old Believer Private School ($219k), International Christian Accrediting Association ($219k) and Why Not Win Institute Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,740 against liabilities of $218k, net assets of -$209k.