Crayon Corner Learning Center Inc

Analysis

Crayon Corner Learning Center Inc is a registered charity in United States, based in Gladbrook, IA. It received its IRS tax-exemption ruling in January 1996, 30 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 June 2024, Crayon Corner Learning Center Inc reported income of $233k and spending of $225k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $186k to $233k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crayon Corner Learning Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within IA. Charities of a similar size with the same main cause include The International Society of Women Airline Pilots ($233k), Florida Tax Education Foundation Inc ($233k) and Sunman-Dearborn Education Foundation Inc ($233k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $41k (18% of expenses). Other salaries and wages came to $127k. At year end it held assets of $179k against liabilities of $4,173, net assets of $174k. It reported 20 employees.