Legacy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 60,000,157 | 969 | 59,999,188 | 743024.0 | 0% |
| 2022 | −789,899 | 1,011,852 | −1,801,751 | 690.2 | 0% |
| 2023 | 20,056,128 | 3,616,718 | 16,439,410 | 247.6 | 0% |
In its most recent public year (2023), this organization brought in $16,439,410 more than it spent. Its reserves stood at about 247.6 months of spending, down from 743024 in 2021. Staff pay was 0% 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
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