Legacy Christian Academy of Bowling Green Inc

Analysis

Legacy Christian Academy of Bowling Green Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in November 2020, 6 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 Christian Academy of Bowling Green Inc reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.2m to $1.6m (+32%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Legacy Christian Academy of Bowling Green Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within KY. Charities of a similar size with the same main cause include Fivetwo Network ($1.6m), River Vale Educational Fund Inc ($1.6m) and Organized Parents Make a Difference Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Other salaries and wages came to $793k. At year end it held assets of $1.1m against liabilities of $306k, net assets of $771k. It reported 33 employees.