Labyrinth Home Education Co-Op

Analysis

Labyrinth Home Education Co-Op is a registered charity in United States, based in Sammamish, WA. It received its IRS tax-exemption ruling in February 2007, 19 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, Labyrinth Home Education Co-Op reported income of $233k and spending of $214k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $185k to $233k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Labyrinth Home Education Co-Op sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Ely Co-Op Pre-School ($233k), Housing Leadership Council of Palm Beach County Inc ($233k) and Pennsylvania Association for Supervision and Cirriculum ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.