Legacy Traditional School-Deer Valley

Analysis

Legacy Traditional School-Deer Valley 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-Deer Valley reported income of $5.9m and spending of $5.7m, spending 96% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $25k to $5.9m (+23645%), an average of +1441% a year. The sharpest change came in the year to June 2022, when income rose by 19000%. Over the whole period it spent 99% 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-Deer Valley sits at the 90th 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 91st percentile within AZ. Charities of a similar size with the same main cause include Robertson Charter School ($5.9m), Knox Education Foundation ($5.9m) and Washington Interscholastic Activities Association ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.2% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $16.7m against liabilities of $16.6m, net assets of $102k. It reported 68 employees.