Learning Company

Analysis

Learning Company is a registered charity in United States, based in Langhorne, PA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Learning Company reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $866k to $1.4m (+63%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Company sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Claiborne Academy Foundation ($1.4m), Journal of Orthopaedic & Sports Physical Therapy Inc ($1.4m) and Lifespring Academy ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $79k (6.0% of expenses). Other salaries and wages came to $640k. At year end it held assets of $753k against liabilities of $111k, net assets of $642k. It reported 13 employees.