Early Learning Program Inc

Analysis

Early Learning Program Inc is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Early Learning Program Inc reported income of $376k and spending of $376k, spending 100% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $344k to $376k (+9.3%), an average of +4.5% a year. 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, Early Learning Program Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Three Rivers Crisis Center ($376k), Bargain Garden Inc ($376k) and Chalfonte Foundation ($376k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $91k (24% of expenses). At year end it held assets of $120k against liabilities of $0, net assets of $120k.