Lakelands Little Learners

Analysis

Lakelands Little Learners is a registered charity in United States, based in Elkhorn, WI. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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, Lakelands Little Learners reported income of $2.1m and spending of $2.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.1m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakelands Little Learners sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WI. Charities of a similar size with the same main cause include Boyds Mills Inc ($2.1m), Mobilise Inc ($2.1m) and California Teachers Association Institute for Teaching ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 81% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $1.2m against liabilities of $314k, net assets of $871k. It reported 43 employees.