Union Mills Learning Center Inc

Analysis

Union Mills Learning Center Inc is a registered charity in United States, based in Union Mills, NC. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Union Mills Learning Center Inc reported income of $59k and spending of $46k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $42k to $59k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Union Mills Learning Center Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Bridgemusik Inc ($59k), Association of Chinese Scientists & Engineers ($59k) and Rising Artist Foundation Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.