The Learning Center House of Connections

Analysis

The Learning Center House of Connections is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1988, 38 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 June 2024, The Learning Center House of Connections reported income of $508k and spending of $316k, leaving 38% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $210k to $508k (+142%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 100%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Learning Center House of Connections sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Cca Marlins ($507k), Jodi House Inc ($508k) and Lords Cupboard ($507k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $73k (23% of expenses). Other salaries and wages came to $81k. At year end it held assets of $403k against liabilities of $5,947, net assets of $397k. It reported 4 employees.