Legacy Christian School

Analysis

Legacy Christian School is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in January 1978, 48 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 July 2023, Legacy Christian School reported income of $4.1m and spending of $3.6m, spending 88% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.7m to $4.1m (+54%), an average of +11% a year. The sharpest change came in the year to July 2023, when income rose by 19%. Over the whole period it spent 86% 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 sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Putnam-Indian Field School Inc ($4.1m), Khalsa Family Services ($4.1m) and Institute for Girls Education ($4.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 45% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $85k (2.3% of expenses). At year end it held assets of $11.7m against liabilities of $2,000, net assets of $11.7m. It reported 70 employees.