Gorham Community Learning Center Inc

Analysis

Gorham Community Learning Center Inc is a registered charity in United States, based in Gorham, NH. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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 August 2023, Gorham Community Learning Center Inc reported income of $451k and spending of $455k, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $288k to $451k (+57%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 63%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gorham Community Learning Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within NH. Charities of a similar size with the same main cause include Hereford Apartments ($451k), Climbhi Inc ($451k) and San Diego County Bicycle Coalition ($451k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. Other salaries and wages came to $341k. At year end it held assets of $70k against liabilities of $13k, net assets of $57k. It reported 18 employees.