Legacy Traditional School-Mesa
Analysis
Legacy Traditional School-Mesa 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-Mesa reported income of $6.4m and spending of $6.1m, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $25k to $6.4m (+25655%), an average of +1505% a year. The sharpest change came in the year to June 2022, when income rose by 21386%. Over the whole period it spent 100% 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-Mesa sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within AZ. Charities of a similar size with the same main cause include Southern Avenue Charter Elementary School of Academic Excellence ($6.4m), University Gateway Corporation ($6.4m) and Grand Haven Christian School ($6.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $17.0m against liabilities of $17.0m, net assets of $48k. It reported 75 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 4.4%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Southern Avenue Charter Elementary School of Academic Excellence | Memphis | $6.4m |
| University Gateway Corporation | Minneapolis | $6.4m |
| Grand Haven Christian School | Grand Haven | $6.4m |
| Carter G Woodson School Inc | Winston Salem | $6.4m |