Legacy Christian Academy

Analysis

Legacy Christian Academy is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in November 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 2024, Legacy Christian Academy reported income of $2.4m and spending of $2.5m, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $916k to $2.4m (+166%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Christian Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Southern California Blues Soccer Club Inc ($2.4m), Honeysuckle Student Holdings Inc ($2.4m) and New Orleans Baptist Seminary Foundation ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $133k (5.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $538k against liabilities of $159k, net assets of $378k. It reported 83 employees.