A & K Family Learning Place Inc

Analysis

A & K Family Learning Place Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, A & K Family Learning Place Inc reported income of $697k and spending of $511k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $149k to $697k (+366%), an average of +67% a year. The sharpest change came in the year to December 2022, when income rose by 192%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, A & K Family Learning Place Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Boys & Girls Clubs of the Danville Area ($697k), Igud Hamechanchim Inc ($698k) and Do the Write Thing Foundation of DC ($697k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $23k (4.5% of expenses). Other salaries and wages came to $206k. At year end it held assets of $735k against liabilities of $87k, net assets of $647k. It reported 17 employees.