Layton Study Center Inc
Analysis
Layton Study Center Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Layton Study Center Inc reported income of $468k and spending of $431k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $394k to $468k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 107% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Layton Study Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Christian Military Fellowship ($468k), Cong Chasdei Yisroel Inc ($468k) and New Salem Baptist Church ($468k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $97k. At year end it held assets of $1.2m against liabilities of $1,562, net assets of $1.2m. It reported 19 employees.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 44%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Christian Military Fellowship | Spokane Vly | $468k |
| Cong Chasdei Yisroel Inc | Brooklyn | $468k |
| New Salem Baptist Church | Minneapolis | $468k |
| Newport Mesa Individual and Family Therapy | Newport Beach | $468k |