Legacy Education Inc (LGCY) is a for-profit post-secondary education company that operates vocational and allied health colleges in California. Revenue comes from student tuition, funded in part through Title IV federal financial aid programs. The company targets early-to-mid-20s students seeking career-focused healthcare credentials, positioning its campuses near hospitals and clinics to facilitate externships and job placement. Its institutions include Integrity College of Health in Pasadena, California, established in 2007 and acquired by Legacy Education in December 2019, and Contra Costa Medical Career College. Programs span vocational nursing, registered nurse to BSN, medical assisting, medical billing and coding, veterinary assistant, diagnostic medical sonography, surgical technology, sterile processing, pharmacy technician, and dental assisting. As of June 30, 2025, Integrity had 202 enrolled students. The company reported net income of approximately $7.5 million in fiscal 2025 versus $5.1 million in fiscal 2024, with cash and cash equivalents of approximately $20.3 million as of June 30, 2025.

Revenue model

Tuition revenue from students enrolled in certificate and degree programs at its California campuses, with a material portion funded through Title IV federal financial aid programs administered by the U.S. Department of Education.

Products and services

Certificate and associate degree programs in vocational nursing, RN to BSN, medical assisting, medical billing and coding, veterinary assistant, diagnostic medical sonography, surgical technology, sterile processing technician, pharmacy technician, dental assisting, and clinical medical programs. An emergency medical technician program is planned for early 2026 (as noted in the 10-K filed 2025-09-25).

Customers and end markets

Individual students, primarily early-to-mid-20s adults seeking healthcare workforce credentials within approximately 100 miles of each campus. End market is California's healthcare labor market, with campuses serving a geographic region of approximately 24 million people from Southern to Central California.

Value-chain role

Direct operator of post-secondary vocational institutions. Delivers instruction, manages accreditation, administers Title IV financial aid, and facilitates externship placements at nearby hospitals and clinics.

Geographic exposure

Operates exclusively in California, with campuses spanning Southern to Central California, including Pasadena (Integrity College of Health) and the Contra Costa region (CCMCC), as disclosed in the 10-K filed 2025-09-25.

Source: SEC 10-K, filed 2025-09-25

Industry: Services-Educational Services