Temple Legacy Foundation

Analysis

Temple Legacy Foundation is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Temple Legacy Foundation reported income of $68k and spending of $12k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,945 to $68k (+2224%), an average of +2224% a year. The sharpest change came in the year to December 2023, when income rose by 2224%. Over the whole period it spent 17% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Temple Legacy Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within AL. Charities of a similar size with the same main cause include The Foundation of the Rotary Club of White Plains New York ($68k), Delaware Chapter of the American College of Surgeons Inc ($68k) and Are You Dense Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.