New Holland Early Learning Center

Analysis

New Holland Early Learning Center is a registered charity in United States, based in New Holland, PA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, New Holland Early Learning Center reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $503k to $1.0m (+103%), an average of +19% a year. The sharpest change came in the year to August 2020, when income rose by 77%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Holland Early Learning Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Constellation Learning Institute ($1.0m), Red Hill Christian School ($1.0m) and Horizons Academy of Maui Inc ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $105k (9.6% of expenses). Other salaries and wages came to $656k. At year end it held assets of $763k against liabilities of $46k, net assets of $718k. It reported 45 employees.