Living Legends Foundation

Analysis

Living Legends Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Living Legends Foundation reported income of $210k and spending of $213k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $165k to $210k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Living Legends Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include BFG Community Foundation Inc ($210k), Homer-Center Recreation and Park Board Inc ($210k) and Havelock Pregnancy Resource Center ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $585k against liabilities of $0, net assets of $585k.