Learn to Be Foundation

Analysis

Learn to Be Foundation is a registered charity in United States, based in West Hollywood, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Learn to Be Foundation reported income of $843k and spending of $826k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $597k to $843k (+41%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learn to Be Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Most Policy Initiative ($843k), Crosspointe Academy Inc ($843k) and Clear Passage Foundation ($843k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $108k (13% of expenses). Other salaries and wages came to $314k. At year end it held assets of $615k against liabilities of $19k, net assets of $596k. It reported 8 employees.