Learning Disabilities Association Inc

Analysis

Learning Disabilities Association Inc is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in July 1973, 53 years ago. 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 August 2023, Learning Disabilities Association Inc reported income of $783k and spending of $1.1m, spending 135% of what it took in. Across the 4 years on record, from August 2019 to August 2023, income grew from $769k to $783k (+1.7%), an average of +0.6% a year. The sharpest change came in the year to August 2022, when income rose by 61%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Learning Disabilities Association Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MN. Charities of a similar size with the same main cause include Toolbank USA Inc ($783k), Asbury Foundation ($783k) and Rotary Club Youth Camp Association Inc ($783k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $116k (11% of expenses). Other salaries and wages came to $552k. At year end it held assets of $1.5m against liabilities of $902k, net assets of $594k. It reported 72 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.