Issachar Learning Center
Analysis
Issachar Learning Center is a registered charity in United States, based in Goodrich, MI. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Issachar Learning Center reported income of $226k and spending of $237k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $226k (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Issachar Learning Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Highlands Pre Schools Assoc ($226k), City Youth Matrix Corp ($226k) and Iowa Skilled Trades ($226k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $509k against liabilities of $266k, net assets of $243k.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Highlands Pre Schools Assoc | Renton | $226k |
| City Youth Matrix Corp | New Market | $226k |
| Iowa Skilled Trades | Johnston | $226k |
| Spring Knolls Cooperative Nursery School | Silver Spring | $226k |