Journey Learning Center LLC

Analysis

Journey Learning Center LLC is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Journey Learning Center LLC reported income of $142k and spending of $183k, spending 129% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $253k to $142k (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Journey Learning Center LLC sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Avon High School Band Boosters ($142k), Clarence Co-Operative Nursery School ($142k) and Hacker Initiative ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. At year end it held assets of $16k against liabilities of $93k, net assets of -$77k.