Family Learning Solutions Inc

Analysis

Family Learning Solutions Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in March 1997, 29 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, Family Learning Solutions Inc reported income of $165k and spending of $164k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $160k to $165k (+2.6%), an average of +0.5% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Learning Solutions Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include International Perfume Bottle Association Inc ($164k), Women in Innovation Inc ($165k) and Spreading Hope Inc ($164k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (30% of expenses). At year end it held assets of $18k against liabilities of $66k, net assets of -$48k. It reported 1 employees.