Early Learning Ventures

Analysis

Early Learning Ventures is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Early Learning Ventures reported income of $10.2m and spending of $7.5m, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $7.4m to $10.2m (+37%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Early Learning Ventures sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include United Way of Greater New Haven Inc ($10.1m), Cambridge Community Foundation ($10.2m) and The Pittsburgh Promise Foundation ($10.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $200k (2.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.8m against liabilities of $746k, net assets of $5.0m. It reported 38 employees.