Charlestown Early Learning Center Inc

Analysis

Charlestown Early Learning Center Inc is a registered charity in United States, based in Charlestown, RI. It received its IRS tax-exemption ruling in September 1981, 45 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 June 2023, Charlestown Early Learning Center Inc reported income of $200k and spending of $211k, spending 105% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $237k to $200k (-15%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Charlestown Early Learning Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within RI. Charities of a similar size with the same main cause include Montessori School of Wausau Inc ($200k), U S Ort Operations Inc ($200k) and Keystone Christian Academy - York ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $40k (19% of expenses). At year end it held assets of $99k against liabilities of $0, net assets of $99k. It reported 8 employees.