Information Age Learning Center
Analysis
Information Age Learning Center is a registered charity in United States, based in Wall Township, NJ. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Information Age Learning Center reported income of $387k and spending of $435k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $387k (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 109% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Information Age Learning Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Puerto Rico Information Technology Cluster Inc ($387k), Point San Luis Lighthouse Keepers ($387k) and Childrens Museum of St Tammany Inc ($387k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $35k (8.0% of expenses). Other salaries and wages came to $144k. At year end it held assets of $1.1m against liabilities of $1,521, net assets of $1.1m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 26%
- Other 18%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Puerto Rico Information Technology Cluster Inc | Guaynabo | $387k |
| Point San Luis Lighthouse Keepers | San Luis Obispo | $387k |
| Childrens Museum of St Tammany Inc | Mandeville | $387k |
| Hampton Community Library | Allison Park | $387k |