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Legacy Traditional School-Glendale

RegisteredEIN 47-5382849Chandler, AZEducation and training
Income$14.3m2023-06
Spending$12.4msame year
Spent / received90%5-year average
Size in its cause95th pctEducation and training
Exempt since2017School
Employees142latest return

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

$0$3.6m$7.2m$10.7m$14.3m2019 Income: $9,476,4642019 Spending: $8,675,21820192020 Income: $9,946,6522020 Spending: $9,210,01620202021 Income: $10,478,1732021 Spending: $9,523,77920212022 Income: $12,013,2752022 Spending: $10,912,89220222023 Income: $14,318,7542023 Spending: $12,398,0192023
IncomeSpending

Where the income comes from

  • Contributions & grants 93%
  • Program services 6.1%
  • Other 1.2%

Similar-sized charities, same cause

CharityLocationIncome
Yu Ming Charter SchoolOakland$14.3m
Friends of Excel Academy IncEast Boston$14.3m
Ofl-Baldwin Park IncIrwindale$14.3m
Childrens First Fund the Chicago Public School FoundationChicago$14.3m