Strafford Learning Center

Analysis

Strafford Learning Center is a registered charity in United States, based in Somersworth, NH. It received its IRS tax-exemption ruling in January 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Strafford Learning Center reported income of $7.9m and spending of $7.9m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.6m to $7.9m (+21%), an average of +6.4% a year. The sharpest change came in the year to June 2023, when income rose by 15%. 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, Strafford Learning Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include Oyster Recovery Partnership Inc ($7.9m), Heritage Group Homes Inc ($7.9m) and National Rural Health Association ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $152k (1.9% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $1.8m against liabilities of $268k, net assets of $1.5m. It reported 121 employees.