Concepts for Adaptive Learning Inc

Analysis

Concepts for Adaptive Learning Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Concepts for Adaptive Learning Inc reported income of $226k and spending of $210k, spending 93% of its income. Across the 4 years on record, from December 2019 to June 2023, income grew from $157k to $226k (+43%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Concepts for Adaptive Learning Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Kimera Orphanage ($226k), Decatur Library Foundation ($226k) and California Christian Education Endowment Foundation Inc ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $74k (35% of expenses). Other salaries and wages came to $80k. At year end it held assets of $132k against liabilities of $145, net assets of $131k. It reported 9 employees.