Gradient Learning

Analysis

Gradient Learning is a registered charity in United States, based in Walnut, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gradient Learning reported income of $343k and spending of $28.8m, spending 8414% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.0m to $343k (-95%), an average of -53% a year. The sharpest change came in the year to June 2020, when income rose by 375%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gradient Learning sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Dignity Project ($343k), HP Centennial Event ($343k) and Jewish Teen Learning Connection ($343k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $900k (3.1% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $10.9m against liabilities of $1.6m, net assets of $9.3m. It reported 110 employees.