Technology Laboratory and Professional Development Center

Analysis

Technology Laboratory and Professional Development Center is a registered charity in United States, based in Garden City, MI. It received its IRS tax-exemption ruling in July 2017, 9 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 2022, Technology Laboratory and Professional Development Center reported income of $390k and spending of $313k, spending 80% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $267k to $390k (+46%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Technology Laboratory and Professional Development Center sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include LDL Educational Resources Foundation ($390k), Harvard Club of New York Foundation ($390k) and Ok Cheer and Sports Booster Club ($390k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. It paid $9,831 in professional fundraising fees. At year end it held assets of $471k against liabilities of $248k, net assets of $223k.