Essential Learning Institute

Analysis

Essential Learning Institute is a registered charity in United States, based in Catasauqua, PA. It received its IRS tax-exemption ruling in February 1964, 62 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Essential Learning Institute reported income of $84k and spending of $96k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $105k to $84k (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Essential Learning Institute sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Helping Our Families Incorporated ($84k), PTA California Congress of Parents Teachers & Students Inc ($84k) and Pinnacle Estate Properties Charity Inc ($84k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $42k (44% of expenses). At year end it held assets of $16k against liabilities of $30k, net assets of -$14k. It reported 1 employees.