Tabernacle Learning Center

Analysis

Tabernacle Learning Center is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Tabernacle Learning Center reported income of $483k and spending of $485k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $915k to $483k (-47%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tabernacle Learning Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Major Brent Taylor Leadership Legacy Foundation ($483k), Deer Valley Charter Schools Inc ($483k) and Ark City Christian Academy Inc ($483k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 81% of the total. Other salaries and wages came to $317k. At year end it held assets of $191k against liabilities of $540k, net assets of -$349k. It reported 17 employees.