Learning in Retirement Inc

Analysis

Learning in Retirement Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Learning in Retirement Inc reported income of $192k and spending of $204k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $305k to $192k (-37%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning in Retirement Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Deland Band Parents Association Incorporated ($192k), Navy Football Brotherhood Inc ($192k) and Carden Educational FDN Inc ($192k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 55% of the total. At year end it held assets of $149k against liabilities of $39k, net assets of $110k.