Learning First Foundation Inc

Analysis

Learning First Foundation Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Learning First Foundation Inc reported income of $2.2m and spending of $1.1m, leaving 50% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $935k to $2.2m (+138%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 102%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning First Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Imagine Camelback Middle Inc ($2.2m), San Francisco Nativity Academy ($2.2m) and Rethink Media Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 60% of the total. At year end it held assets of $23.2m against liabilities of $18.8m, net assets of $4.4m.