Charity Search / LEGACY III INC
Human Services (P20) 990 on File

LEGACY III INC

EIN: 34-1824527 · AKRON, OH 44306-1365 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 92/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$908K
Total Revenue
$975K
Total Expenses
$847K
Net Assets
26
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.1%
Fundraising Efficiency N/A
Operating Reserve 10.43x
Liability-to-Asset 19.4%
Revenue Diversification 90.8%
Compared with Peers
FY 2024
Compared with 15,047 similar organizations (United States, Human Services, $100K–$1M in expenses), FY 2024.
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
78.1% 86.3%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
21.9% 10.4%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
10.4 mo 8.4 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
19.4% 1.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
90.8% 96.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
15.0% 7.0%
P10P90
Expense growth
Year over year expense growth
19.5% 8.3%
P10P90
Surplus margin
Surplus as a share of revenue
-7.3% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $908K $975K $847K 78.1% 26
2023 $790K $816K $914K 75.6% 21
2022 $842K $868K $940K 77.8% 17
2021 $859K $838K N/A 20
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Organization Details
EIN
34-1824527
State
OH
City
AKRON
ZIP
44306-1365
Classification
P20
Category
Human Services
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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