Rising Star Learning Center Inc

Analysis

Rising Star Learning Center Inc is a registered charity in United States, based in Bay Village, OH. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rising Star Learning Center Inc reported income of $389k and spending of $385k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $397k to $389k (-1.8%), an average of -0.5% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rising Star Learning Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Running 4 Heroes Inc ($389k), American Friends of Emanual Inc ($389k) and Occupaws Guide Dog Association ($389k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $36k (9.4% of expenses). Other salaries and wages came to $261k. At year end it held assets of $34k against liabilities of $61k, net assets of -$28k. It reported 12 employees.