Centre Learning Commnunity Charter School

Analysis

Centre Learning Commnunity Charter School is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Centre Learning Commnunity Charter School reported income of $1.8m and spending of $1.6m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.8m (+16%), an average of +5.2% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Centre Learning Commnunity Charter School sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Mother Catherine Academy Inc ($1.8m), French-American School of Boca Raton Inc ($1.8m) and Menachem Education Foundation Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.0% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $139k (8.9% of expenses). Other salaries and wages came to $672k. At year end it held assets of $1.3m against liabilities of $2.5m, net assets of -$1.3m. It reported 25 employees.