Phoenixville Area Childrens Learning Center Inc

Analysis

Phoenixville Area Childrens Learning Center Inc is a registered charity in United States, based in Phoenixville, PA. It received its IRS tax-exemption ruling in January 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Phoenixville Area Childrens Learning Center Inc reported income of $2.2m and spending of $2.1m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $2.2m (+49%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Phoenixville Area Childrens Learning Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Ross County Agricultural Society ($2.2m), Monadnock Worksource Inc ($2.2m) and The Stonington Community Center Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $232k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $1.0m, net assets of $821k.