BHHS Legacy Foundation

Analysis

BHHS Legacy Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2011, 15 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, BHHS Legacy Foundation reported income of $9.2m and spending of $8.5m, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $8.4m to $9.2m (+9.2%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, BHHS Legacy Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include New Neighborhoods Inc ($9.2m), C3 Wellbeing ($9.2m) and Chambliss Center for Children ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 6.4% of the total. Other salaries and wages came to $402k. At year end it held assets of $149.1m against liabilities of $3.4m, net assets of $145.7m. It reported 11 employees.