Little Knights Learning Center

Analysis

Little Knights Learning Center is a registered charity in United States, based in Dysart, IA. It received its IRS tax-exemption ruling in July 2018, 8 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, Little Knights Learning Center reported income of $554k and spending of $530k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $554k (+104%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 512%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Knights Learning Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within IA. Charities of a similar size with the same main cause include Naugatuck Youth Services Inc ($554k), Feed the Needy ($554k) and Wings for Success ($554k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $360k. At year end it held assets of $1.6m against liabilities of $2,250, net assets of $1.6m. It reported 28 employees.