Little Star Center Inc

Analysis

Little Star Center Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in April 2002, 24 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, Little Star Center Inc reported income of $24.7m and spending of $25.8m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.3m to $24.7m (+1.4%), an average of +0.4% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Star Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Ui Labs ($24.7m), Evergreen Charter School ($24.7m) and Ethel Walker School Inc ($24.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $321k (1.2% of expenses). Other salaries and wages came to $17.3m. At year end it held assets of $6.6m against liabilities of $5.1m, net assets of $1.4m. It reported 796 employees.