Legacy Christian School Inc

Analysis

Legacy Christian School Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Legacy Christian School Inc reported income of $3.4m and spending of $3.2m, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.0m to $3.4m (+67%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Christian School Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Brazos River School ($3.4m), Institute of Technology Andacademics ($3.4m) and Luckiamute Valley Charter Schools ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $213k (6.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $434k against liabilities of $603k, net assets of -$169k. It reported 72 employees.