Legacy International Online High School

Analysis

Legacy International Online High School is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 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 2023, Legacy International Online High School reported income of $761k and spending of $748k, spending 98% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $426k to $761k (+78%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy International Online High School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OK. Charities of a similar size with the same main cause include Way of the Shepherd ($760k), Artesia Classical Academy Inc ($761k) and Annie Halenbake Ross Library ($760k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $358k (48% of expenses). At year end it held assets of $288k against liabilities of $14k, net assets of $274k. It reported 12 employees.