Legion Collegiate Academy

Analysis

Legion Collegiate Academy is a registered charity in United States, based in Arcadia, FL. It received its IRS tax-exemption ruling in May 2018, 8 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, Legion Collegiate Academy reported income of $6.2m and spending of $5.9m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.4m to $6.2m (+81%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legion Collegiate Academy sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Interdistrict School for Arts and Communication Inc ($6.2m), Leadership Education and Athletics in Partnership Inc ($6.2m) and Phoenix Electrical Joint Apprentice Phoenix Electrical Jatc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $13.6m against liabilities of $14.8m, net assets of -$1.2m. It reported 46 employees.