Legacy Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 97,393 | 80,134 | 17,259 | 8.1 | — |
| 2014 | 118,324 | 90,600 | 27,724 | 10.8 | — |
| 2015 | 84,055 | 100,075 | −16,020 | 7.9 | — |
| 2016 | 139,260 | 140,945 | −1,685 | 5.2 | — |
| 2017 | 120,494 | 147,307 | −26,813 | 4.8 | — |
| 2018 | 300,958 | 190,591 | 110,367 | 10.6 | 64% |
| 2019 | 227,362 | 237,389 | −10,027 | 8.4 | 64% |
| 2020 | 246,554 | 259,694 | −13,140 | 7.0 | 58% |
| 2021 | 344,220 | 325,976 | 18,244 | 6.3 | 63% |
| 2022 | 376,424 | 282,181 | 94,243 | 11.2 | 66% |
| 2023 | 565,196 | 401,545 | 163,651 | 12.7 | 60% |
In its most recent public year (2023), this organization brought in $163,651 more than it spent. Its reserves stood at about 12.7 months of spending, up from 8.1 in 2013. Staff pay was 60% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Legacy Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works