Legacy Traditional School- Avondale Inc
Analysis
Legacy Traditional School- Avondale Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in August 2013, 13 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 June 2023, Legacy Traditional School- Avondale Inc reported income of $15.2m and spending of $13.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.8m to $15.2m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2023, when income rose by 15%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Traditional School- Avondale Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include Hebrew Language Academy Charter School ($15.2m), Latinos Salud Inc ($15.2m) and Santiago Middle School ($15.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.5% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $25.2m against liabilities of $17.1m, net assets of $8.1m. It reported 163 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 4.5%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hebrew Language Academy Charter School | Brooklyn | $15.2m |
| Latinos Salud Inc | Wilton Manors | $15.2m |
| Santiago Middle School | Orange | $15.2m |
| Kipp Kansas City | Kansas City | $15.2m |