Liberty Tradition Charter School
Analysis
Liberty Tradition Charter School is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 2001, 25 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, Liberty Tradition Charter School reported income of $16.0m and spending of $16.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.6m to $16.0m (+27%), an average of +6.2% a year. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Liberty Tradition Charter School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Wesley International Academy Inc ($16.0m), Edmund Burke School ($16.0m) and Baldwin School of Puerto Rico Inc ($16.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $104k (0.6% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $15.7m against liabilities of $13.3m, net assets of $2.4m. It reported 260 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 2.2%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wesley International Academy Inc | Atlanta | $16.0m |
| Edmund Burke School | Washington | $16.0m |
| Baldwin School of Puerto Rico Inc | Guaynabo | $16.0m |
| Shippensburg University Foundation | Shippensburg | $16.0m |