League for the Handicapped Inc Preschool Learning Center

Analysis

League for the Handicapped Inc Preschool Learning Center is a registered charity in United States, based in Springville, NY. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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 2023, League for the Handicapped Inc Preschool Learning Center reported income of $5.0m and spending of $5.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $5.0m (+7.2%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, League for the Handicapped Inc Preschool Learning Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include St John Center Inc ($5.0m), The Family Violence Prevention Center Inc ($5.0m) and Justice in Aging ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $195k (3.8% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $989k against liabilities of $1.8m, net assets of -$772k. It reported 172 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.