Legacy Christian Academy Inc

Analysis

Legacy Christian Academy Inc is a registered charity in United States, based in Rochester, IN. It received its IRS tax-exemption ruling in November 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 December 2023, Legacy Christian Academy Inc reported income of $269k and spending of $218k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $269k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 79% 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 Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include West Johnston High School Band Parents Association ($269k), Eastern Track XC Booster Club ($269k) and United Yorkie Rescue Inc a Florida Corp ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $42k (19% of expenses). Other salaries and wages came to $67k. At year end it held assets of $84k against liabilities of $2,636, net assets of $81k. It reported 6 employees.