Religion-Related
(X20)
990 on File
LEGACY MINISTRIES INC
Financial strength (30%)
89/100
Reliability (20%)
50/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$565K
Total Revenue
$402K
Total Expenses
$426K
Net Assets
29
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.1%
Fundraising Efficiency
N/A
Operating Reserve
12.74x
Liability-to-Asset
1.9%
Revenue Diversification
77.2%
Executive Compensation
$53K
Compared with Peers
FY 2023
Compared with 11,882 similar organizations
(United States, Religion-Related, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.1% | 87.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.0% | 9.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.7 mo | 7.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.9% | 0.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.2% | 99.8% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
50.1% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
42.3% | 9.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
29.0% | 1.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $565K | $402K | $426K | 88.1% | 29 |
| 2022 | $376K | $282K | $263K | 100.0% | 29 |
| 2021 | $344K | $326K | N/A | — | 35 |
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