Legacy Homeschool Center

Analysis

Legacy Homeschool Center is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in August 1999, 27 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, Legacy Homeschool Center reported income of $192k and spending of $135k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $328k to $192k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Homeschool Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Navy Football Brotherhood Inc ($192k), Hayfield University ($192k) and Learning in Retirement Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. At year end it held assets of $140k against liabilities of $13k, net assets of $127k.