Learning Forward

Analysis

Learning Forward is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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 2023, Learning Forward reported income of $9.4m and spending of $8.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $9.4m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 85%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Learning Forward sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Greater Wyoming Valley Area YMCA ($9.4m), Hospice of Southern Kentucky Inc ($9.4m) and Our Home Inc ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 70% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $5.8m against liabilities of $2.0m, net assets of $3.8m. It reported 32 employees.