W B Collins Early Learning Project

Analysis

W B Collins Early Learning Project is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 2003, 23 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 December 2023, W B Collins Early Learning Project reported income of $915k and spending of $791k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $915k (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, W B Collins Early Learning Project sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Led Better Inc ($915k), Quixote Foundation ($915k) and Scalawag ($914k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $95k (12% of expenses). Other salaries and wages came to $421k. At year end it held assets of $1.3m against liabilities of $545k, net assets of $734k. It reported 29 employees.