Learning Tree Inc

Analysis

Learning Tree Inc is a registered charity in United States, based in Brunswick, MD. It received its IRS tax-exemption ruling in November 1970, 56 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, Learning Tree Inc reported income of $476k and spending of $412k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $428k to $476k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Learning Tree Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Inspire Together ($476k), Road to Hope ($476k) and Navarro Farm Inc ($476k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $52k (13% of expenses). Other salaries and wages came to $225k. At year end it held assets of $260k against liabilities of $24k, net assets of $237k. It reported 13 employees.