Legacy Traditional School-Surprise

Analysis

Legacy Traditional School-Surprise is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in May 2016, 10 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-Surprise reported income of $23.5m and spending of $21.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.5m to $23.5m (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 91% 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-Surprise sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Wichita Center for Graduate Medical Education Inc ($23.5m), Achievement House Charter School ($23.5m) and Hutchison School ($23.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.0% of the total. Other salaries and wages came to $9.6m. At year end it held assets of $34.1m against liabilities of $23.6m, net assets of $10.5m. It reported 239 employees.