Christian Learning Center

Analysis

Christian Learning Center is a registered charity in United States, based in Corning, NY. It received its IRS tax-exemption ruling in December 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Christian Learning Center reported income of $738k and spending of $864k, spending 117% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $844k to $738k (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Learning Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Morristown Hamblen Central Services ($738k), McAdoo Fire Company Ambulance Association Inc ($738k) and Peninsula Hawks Scholarship Fund ($738k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $50k (5.8% of expenses). Other salaries and wages came to $546k. At year end it held assets of $1.0m against liabilities of $77k, net assets of $941k. It reported 56 employees.