Legacy Learning Center Inc

Analysis

Legacy Learning Center Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2019, 7 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 Learning Center Inc reported income of $2.5m and spending of $1.9m, leaving 23% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $902k to $2.5m (+172%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Learning Center Inc 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 88th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Pathways Childrens School ($2.5m), Alaska School Activities Association Inc ($2.5m) and New Road to Learning Inc Dba J Harris Preparatory Academy ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $783k. At year end it held assets of $1.1m against liabilities of $33k, net assets of $1.1m. It reported 39 employees.