Lets Learn Inc

Analysis

Lets Learn Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in March 2014, 12 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, Lets Learn Inc reported income of $326k and spending of $7,965, leaving 98% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $326k (-90%), an average of -44% a year. The sharpest change came in the year to December 2021, when income dropped by 89%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lets Learn Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include 2nd Chance Ms Inc ($326k), Black Women in Ecology Evolution and Marine Science Inc ($326k) and Hippy of Monroe County Al Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $848k against liabilities of $0, net assets of $848k.