Mushroom Family Learning Center Inc

Analysis

Mushroom Family Learning Center Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 1982, 44 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Mushroom Family Learning Center Inc reported income of $313k and spending of $284k, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2024, income grew from $280k to $313k (+12%), an average of +2.8% a year. The sharpest change came in the year to July 2022, when income rose by 55%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mushroom Family Learning Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Seminole Nation Historical Society ($313k), Polk County Historical Society ($313k) and University of Montana Alumni Association-Development Fund ($313k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 3.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $45k (16% of expenses). Other salaries and wages came to $160k. At year end it held assets of $262k against liabilities of $47k, net assets of $215k. It reported 16 employees.