Learning Tree and Educational Center

Analysis

Learning Tree and Educational Center is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in September 1995, 31 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 August 2023, Learning Tree and Educational Center reported income of $1.1m and spending of $1.2m, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.9m to $1.1m (-42%), an average of -13% a year. The sharpest change came in the year to August 2023, when income dropped by 50%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Tree and Educational Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Rock Valley College Foundation ($1.1m), Bermuda Hundred Child Development Center ($1.1m) and Hillander School Endowment Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 59% and program service revenue 32% of the total. Other salaries and wages came to $627k. At year end it held assets of $2,477 against liabilities of $51k, net assets of -$49k. It reported 27 employees.