Huntsville Inner City Learningcenter Inc

Analysis

Huntsville Inner City Learningcenter Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in July 2007, 19 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 December 2023, Huntsville Inner City Learningcenter Inc reported income of $1.2m and spending of $930k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $391k to $1.2m (+201%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 406%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huntsville Inner City Learningcenter Inc 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 81st percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include Montclair Housing Corporation ($1.2m), Mt Sac Auxiliary Services ($1.2m) and Ed Allies ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $105k (11% of expenses). Other salaries and wages came to $241k. At year end it held assets of $3.9m against liabilities of $131k, net assets of $3.8m. It reported 20 employees.