Learning and Achievement Foundation Incorporated

Analysis

Learning and Achievement Foundation Incorporated is a registered charity in United States, based in Rowland HGHTS, CA. It received its IRS tax-exemption ruling in July 1999, 27 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 June 2023, Learning and Achievement Foundation Incorporated reported income of $125k and spending of $456k, spending 364% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $696k to $125k (-82%), an average of -35% a year. The sharpest change came in the year to June 2021, when income dropped by 62%. Over the whole period it spent 214% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning and Achievement Foundation Incorporated sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include New York State Case Management Coalition Inc ($125k), Epic Leadership Center Inc ($125k) and Educational Opportunity Association Foundation Inc ($125k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $128k. At year end it held assets of $236k against liabilities of $1.6m, net assets of -$1.4m. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.