Learning About Business Inc

Analysis

Learning About Business Inc is a registered charity in United States, based in Painesville, OH. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2024, Learning About Business Inc reported income of $109k and spending of $74k, leaving 32% of income unspent that year. Across the 5 years on record, from August 2020 to August 2024, income grew from $49k to $109k (+122%), an average of +22% a year. The sharpest change came in the year to August 2024, when income rose by 114%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Learning About Business Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include Stanley Wrestling Club ($109k), Earth Lacrosse ($109k) and Western Dairy Showcase Inc ($109k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 84% and program service revenue 10% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.