RCS Learning Center Inc

Analysis

RCS Learning Center Inc is a registered charity in United States, based in Natick, MA. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, RCS Learning Center Inc reported income of $4.9m and spending of $5.4m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $4.9m (+1.2%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, RCS Learning Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Mountain Middle School ($4.9m), Gooden School ($4.9m) and Parent and Child Together - Pact - for West Central Illinois ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $513k (9.5% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $3.7m against liabilities of $3.1m, net assets of $604k. It reported 69 employees.