Adult Learning Center

Analysis

Adult Learning Center is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in September 2011, 15 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 December 2023, Adult Learning Center reported income of $118k and spending of $184k, spending 156% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $588k to $118k (-80%), an average of -41% a year. The sharpest change came in the year to December 2021, when income dropped by 79%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adult Learning Center sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within AK. Charities of a similar size with the same main cause include Cony All Sports Boosters Club ($118k), Latino Social Justice Foundation ($118k) and LA Plata Electric Round Up Foundation ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 33% of the total. At year end it held assets of $12k against liabilities of $176k, net assets of -$164k.

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.