Childrens Learning Center Inc

Analysis

Childrens Learning Center Inc is a registered charity in United States, based in Dekalb, IL. It received its IRS tax-exemption ruling in July 1974, 52 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 June 2023, Childrens Learning Center Inc reported income of $1.2m and spending of $1.5m, spending 125% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.2m (+2.7%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Learning Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Chippewa Enterprises Inc ($1.2m), Passage of Youth Family Center Inc ($1.2m) and Oak Park & River Forest Day Nursery ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $122k (8.2% of expenses). Other salaries and wages came to $995k. At year end it held assets of $1.5m against liabilities of $85k, net assets of $1.4m. It reported 50 employees.