Legacy Collegiate Middle and High School for Careers in Health and W

Analysis

Legacy Collegiate Middle and High School for Careers in Health and W is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Legacy Collegiate Middle and High School for Careers in Health and W reported income of $5.5m and spending of $5.2m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.6m to $5.5m (+51%), an average of +11% a year. The sharpest change came in the year to August 2020, when income rose by 28%. 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 Collegiate Middle and High School for Careers in Health and W sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Howard Community College Educational Foundation Inc ($5.5m), Yeshiva of Las Vegas ($5.5m) and Elm City Montessori School Inc ($5.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $441k (8.5% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $21.6m against liabilities of $21.1m, net assets of $421k. It reported 74 employees.