Childrens Learning Center of Posey County Inc

Analysis

Childrens Learning Center of Posey County Inc is a registered charity in United States, based in Mount Vernon, IN. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Childrens Learning Center of Posey County Inc reported income of $864k and spending of $977k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $631k to $864k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Learning Center of Posey County Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Least of These Carolinas Inc ($864k), Servant Manor Inc ($864k) and Crossover Outreach ($863k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Other salaries and wages came to $600k. At year end it held assets of $701k against liabilities of $100k, net assets of $601k. It reported 42 employees.