Backside Learning Center Inc

Analysis

Backside Learning Center Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Backside Learning Center Inc reported income of $921k and spending of $774k, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $389k to $921k (+137%), an average of +24% a year. The sharpest change came in the year to September 2020, when income rose by 115%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Backside Learning Center Inc 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 78th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Home Educators Association of Virginia ($921k), A Better Choice Pregnancy Services ($921k) and Floor Covering Industry Foundation ($921k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.2m against liabilities of $3,584, net assets of $1.2m. It reported 20 employees.