Center for Advanced Learning

Analysis

Center for Advanced Learning is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2007, 19 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 2023, Center for Advanced Learning reported income of $6.5m and spending of $5.7m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $6.5m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Advanced Learning sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Friends of Hellenic Classical Charter Schools Inc ($6.5m), Brookhaven Academy Educational Foundation Inc ($6.5m) and Unity Prep ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (1.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.4m against liabilities of $2.4m, net assets of $2.1m. It reported 41 employees.