Legacy Traditional School-Glendale
Analysis
Legacy Traditional School-Glendale is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in January 2017, 9 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-Glendale reported income of $14.3m and spending of $12.4m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $14.3m (+51%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 90% 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-Glendale sits at the 95th percentile: it is larger than about 95% 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 Yu Ming Charter School ($14.3m), Friends of Excel Academy Inc ($14.3m) and Ofl-Baldwin Park Inc ($14.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.1% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $20.9m against liabilities of $16.1m, net assets of $4.9m. It reported 142 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 6.1%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Yu Ming Charter School | Oakland | $14.3m |
| Friends of Excel Academy Inc | East Boston | $14.3m |
| Ofl-Baldwin Park Inc | Irwindale | $14.3m |
| Childrens First Fund the Chicago Public School Foundation | Chicago | $14.3m |