The Learning Curve Inc
Analysis
The Learning Curve Inc is a registered charity in United States, based in Eustis, FL. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, The Learning Curve Inc reported income of $182k and spending of $215k, spending 118% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $186k to $182k (-2.1%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 109% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Learning Curve Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Kidz Clubhouse ($182k), Winchester Education Foundation Inc ($182k) and Bridge Foundry Inc ($182k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (25% of expenses). Other salaries and wages came to $74k. At year end it held assets of $20k against liabilities of $0, net assets of $20k. It reported 14 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kidz Clubhouse | Elgin | $182k |
| Winchester Education Foundation Inc | Winchester | $182k |
| Bridge Foundry Inc | Covina | $182k |
| Cerro Cosco Community College Foundation Inc | Ridgecrest | $182k |