Legacy Traditional School - San Tan

Analysis

Legacy Traditional School - San Tan is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in July 2022, 4 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 - San Tan reported income of $8.1m and spending of $8.2m, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $24k to $8.1m (+33688%), an average of +33688% a year. The sharpest change came in the year to June 2023, when income rose by 33688%. Over the whole period it spent 106% 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 - San Tan sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Holy Family Ministries ($8.1m), The College of New Jersey Foundation Inc ($8.1m) and Archway Classical Academy South Gilbert ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 8.5% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $33.3m against liabilities of $33.8m, net assets of -$497k. It reported 72 employees.