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The Learning Alliance Inc

RegisteredEIN 27-0725986Vero Beach, FLEducation and training
Income$6.9m2024-06
Spending$5.0msame year
Spent / received79%5-year average
Size in its cause91st pctEducation and training
Exempt since2010Publicly supported organisat
Employees18latest return

Analysis

The Learning Alliance Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in November 2010, 16 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 June 2024, The Learning Alliance Inc reported income of $6.9m and spending of $5.0m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.0m to $6.9m (+71%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 76%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Learning Alliance Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Christian School Association of North Central Jersey ($6.9m), Xavier Charter School Inc ($6.9m) and Buncombe County Partnership for Children Inc ($6.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $262k (5.2% of expenses). Other salaries and wages came to $906k. At year end it held assets of $8.0m against liabilities of $1.1m, net assets of $6.8m. It reported 18 employees.

Income and spending

$0$1.7m$3.5m$5.2m$6.9m2020 Income: $4,024,1582020 Spending: $2,460,00320202021 Income: $4,290,6172021 Spending: $3,393,96620212022 Income: $4,708,7382022 Spending: $3,499,91520222023 Income: $3,915,0842023 Spending: $4,410,72520232024 Income: $6,900,5912024 Spending: $5,003,4992024
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Program services 0.1%
  • Other 4.1%

Similar-sized charities, same cause

CharityLocationIncome
Christian School Association of North Central JerseyPiscataway$6.9m
Xavier Charter School IncTwin Falls$6.9m
Buncombe County Partnership for Children IncAsheville$6.9m
University of Central Oklahoma FDNEdmond$6.9m