Charity Search / LEGETT FOUNDATION
Philanthropy & Grantmaking (T50Z) 990 on File

LEGETT FOUNDATION

EIN: 75-2696419 · ABILENE, TX 79601-5141 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 90/100
Reliability (20%) 55/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$24.0M
Total Revenue
$15.7M
Total Expenses
$111.6M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 82.2%
Fundraising Efficiency N/A
Operating Reserve 85.08x
Liability-to-Asset 0.0%
Revenue Diversification 90.4%
Executive Compensation $516K
Compared with Peers
FY 2024
Compared with 923 similar organizations (United States, Philanthropy & Grantmaking, $10M–$100M 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
82.2% 91.7%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
85.1 mo 70.2 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 2.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
90.4% 88.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
-1.2% 17.6%
P10P90
Expense growth
Year over year expense growth
-0.2% 10.6%
P10P90
Surplus margin
Surplus as a share of revenue
34.5% 6.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $24.0M $15.7M $111.6M 82.2% —
2023 $24.3M $15.8M $102.8M 83.9% —
2022 $25.2M $14.4M $94.0M 77.9% —
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Organization Details
EIN
75-2696419
State
TX
City
ABILENE
ZIP
79601-5141
Classification
T50Z
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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