Poder Learning Center

Analysis

Poder Learning Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Poder Learning Center reported income of $2.3m and spending of $1.8m, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $2.3m (+132%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 137%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Poder Learning Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Tulsa Regional STEM Alliance Inc ($2.3m), Yes I Can Unity Through Music and Education Inc ($2.3m) and St Lillian Academy ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $169k (9.3% of expenses). Other salaries and wages came to $864k. At year end it held assets of $6.6m against liabilities of $2.6m, net assets of $4.0m. It reported 22 employees.