Legacy Traditional School-East Tucson

Analysis

Legacy Traditional School-East Tucson is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in January 2021, 5 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-East Tucson reported income of $5.2m and spending of $5.0m, spending 96% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $38k to $5.2m (+13518%), an average of +1067% a year. The sharpest change came in the year to June 2022, when income rose by 11958%. Over the whole period it spent 101% 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-East Tucson sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Alumni Board of the University of Virginia Endowment Fund ($5.2m), Advancement Resources Intercultural Significant Education Arise ($5.2m) and Life and Discovery Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.7% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $16.7m against liabilities of $16.8m, net assets of -$74k. It reported 55 employees.