Plainville Early Learning Center Inc

Analysis

Plainville Early Learning Center Inc is a registered charity in United States, based in Plainville, CT. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Plainville Early Learning Center Inc reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.3m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Plainville Early Learning Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within CT. Charities of a similar size with the same main cause include Greater Randolph Area Service Programs Inc ($1.3m), Pukuu Cultural Community Services ($1.3m) and Step One Halfway House Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $65k (5.1% of expenses). Other salaries and wages came to $829k. At year end it held assets of $595k against liabilities of $82k, net assets of $513k. It reported 35 employees.