Manchester Early Learning Center Inc

Analysis

Manchester Early Learning Center Inc is a registered charity in United States, based in Manchester, CT. It received its IRS tax-exemption ruling in February 1981, 45 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 June 2023, Manchester Early Learning Center Inc reported income of $4.4m and spending of $4.1m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $4.4m (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Manchester Early Learning Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include People Responding in Social Ministry ($4.4m), Childrens Fund Incorporated ($4.4m) and Myaswan Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $99k (2.4% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $6.7m against liabilities of $380k, net assets of $6.3m. It reported 213 employees.