Western States Learning Corporation
Analysis
Western States Learning Corporation is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in September 2004, 22 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 March 2023, Western States Learning Corporation reported income of $7.4m and spending of $7.3m, spending 98% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $3.2m to $7.4m (+130%), an average of +32% a year. The sharpest change came in the year to March 2021, when income rose by 68%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Western States Learning Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 97th percentile within WY. Charities of a similar size with the same main cause include Rethinkforward Inc ($7.4m), Millennium Education Foundation Inc ($7.4m) and Beginning with Children Foundation Inc ($7.4m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $371k (5.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $8.2m against liabilities of $2.5m, net assets of $5.7m. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 55%
- Program services 45%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rethinkforward Inc | Fort Lauderdale | $7.4m |
| Millennium Education Foundation Inc | Mount Airy | $7.4m |
| Beginning with Children Foundation Inc | Brooklyn | $7.4m |
| Blackstone Academy Inc | Pawtucket | $7.4m |