Immigrant Learning Center Inc

Analysis

Immigrant Learning Center Inc is a registered charity in United States, based in Malden, MA. It received its IRS tax-exemption ruling in May 1992, 34 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 June 2024, Immigrant Learning Center Inc reported income of $2.8m and spending of $3.2m, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $2.8m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2021, when income rose by 87%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Immigrant Learning Center Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Coastal Roots Farm ($2.8m), Boy Scouts of America ($2.8m) and Eastern Arizona College Foundation ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $328k (10% of expenses). At year end it held assets of $10.3m against liabilities of $227k, net assets of $10.0m. It reported 48 employees.