Jacobs Ladder Learning Center

Analysis

Jacobs Ladder Learning Center is a registered charity in United States, based in Woodville, TX. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jacobs Ladder Learning Center reported income of $499k and spending of $324k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $343k to $499k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jacobs Ladder Learning Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Georgia Network to End Sexual Assault ($499k), Tulia Community Nursery Association Inc ($499k) and GPS Kids Club ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $247k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 21 employees.