Leelanau Childrens Center Inc

Analysis

Leelanau Childrens Center Inc is a registered charity in United States, based in Leland, MI. It received its IRS tax-exemption ruling in August 1981, 45 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 August 2023, Leelanau Childrens Center Inc reported income of $791k and spending of $592k, leaving 25% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $727k to $791k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to August 2022, when income rose by 58%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leelanau Childrens Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include School City of Mishawaka Education Foundation Inc ($791k), Innova Preparatory School ($791k) and Lakes Area Enrichment Center ($791k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 50% and program service revenue 26% of the total. Other salaries and wages came to $332k. At year end it held assets of $3.0m against liabilities of $25k, net assets of $2.9m. It reported 15 employees.