Einstein Learning Center Inc

Analysis

Einstein Learning Center Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 2007, 19 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, Einstein Learning Center Inc reported income of $131k and spending of $198k, spending 151% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $230k to $131k (-43%), an average of -17% a year. The sharpest change came in the year to August 2022, when income dropped by 44%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Einstein Learning Center Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Josephine Lilly Wolf Memorial Scholarship Foundation ($131k), Livonia Public Schools Foundation Inc ($131k) and California Landscape Architecturalstudent Scholarship Fund ($131k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $138k. At year end it held assets of $392k against liabilities of $1,916, net assets of $390k. It reported 5 employees.