Legacy Traditional School - Laveen

Analysis

Legacy Traditional School - Laveen 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 - Laveen reported income of $12.3m and spending of $10.7m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.8m to $12.3m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 99% 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 - Laveen 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 The Leadership Academy Inc ($12.3m), Odyssey Charter Schools ($12.3m) and Legacy Traditional School-Queen Creek ($12.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.6% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $19.2m against liabilities of $19.9m, net assets of -$668k. It reported 135 employees.