Abc Learning Centre Inc

Analysis

Abc Learning Centre Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in June 1973, 53 years ago. 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 May 2023, Abc Learning Centre Inc reported income of $1.6m and spending of $1.5m, spending 99% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $1.2m to $1.6m (+29%), an average of +9.0% a year. The sharpest change came in the year to May 2022, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abc Learning Centre Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Childrens School of Boise Id ($1.6m), Cross Plains Community Partner Inc ($1.6m) and Renovare Inc ($1.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $916k against liabilities of $81k, net assets of $835k. It reported 37 employees.