Legacy Traditional School - Gilbert
Analysis
Legacy Traditional School - Gilbert is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in August 2014, 12 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 - Gilbert reported income of $12.1m and spending of $11.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $12.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 98% 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 - Gilbert sits at the 94th percentile: it is larger than about 94% 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 Childrens Literacy Initiative ($12.1m), Neighbours Inc ($12.1m) and The Delta Academy ($12.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.3% of the total. Other salaries and wages came to $5.2m. At year end it held assets of $21.4m against liabilities of $21.3m, net assets of $94k. It reported 170 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 5.3%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Childrens Literacy Initiative | Philadelphia | $12.1m |
| Neighbours Inc | Highland Park | $12.1m |
| The Delta Academy | N Las Vegas | $12.1m |
| Caribbean Consolidated Schools Inc | San Juan | $12.1m |