Early Learning Center Inc
Analysis
Early Learning Center Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in May 1976, 50 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 July 2024, Early Learning Center Inc reported income of $215k and spending of $221k, spending 103% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $166k to $215k (+29%), an average of +6.7% a year. The sharpest change came in the year to July 2021, when income rose by 43%. Over the whole period it spent 83% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Early Learning Center Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Shermont Manor Housing Corporation ($215k), East Baker Historical and Twenty-First Century Community Cor ($215k) and League of Young Inventors Inc ($215k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 4.7% and program service revenue 93% of the total. Other salaries and wages came to $155k. At year end it held assets of $473k against liabilities of $9,275, net assets of $463k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.7%
- Program services 93%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Shermont Manor Housing Corporation | Butte | $215k |
| East Baker Historical and Twenty-First Century Community Cor | Newton | $215k |
| League of Young Inventors Inc | Brooklyn | $215k |
| Family Cooperative Preschool Inc | North Andover | $215k |