Greater Expectations Learning Center
Analysis
Greater Expectations Learning Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 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, Greater Expectations Learning Center reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 85% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Expectations Learning Center sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include All My Children Family Resource Center ($1.1m), Clemson Community Care Inc ($1.1m) and Paradise Childcare Corp ($1.1m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $100k (9.0% of expenses). Other salaries and wages came to $621k. At year end it held assets of $1.0m against liabilities of $42k, net assets of $1.0m. It reported 36 employees.
Income and spending
Where the income comes from
- Program services 96%
- Other 4.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| All My Children Family Resource Center | Durham | $1.1m |
| Clemson Community Care Inc | Clemson | $1.1m |
| Paradise Childcare Corp | Sunrise | $1.1m |
| DVRC Inc | Albuquerque | $1.1m |