Spring Forward Learning Center

Analysis

Spring Forward Learning Center is a registered charity in United States, based in Moline, IL. It received its IRS tax-exemption ruling in September 2007, 19 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 July 2023, Spring Forward Learning Center reported income of $752k and spending of $742k, spending 99% of its income. Across the 4 years on record, from July 2019 to July 2023, income grew from $612k to $752k (+23%), an average of +7.1% a year. The sharpest change came in the year to July 2021, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Forward Learning Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Brookland Academy Child Development Center ($752k), American Foundation for Yeshivath Rashbi ($752k) and Spring Mountain Christian Academy ($752k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (10% of expenses). Other salaries and wages came to $465k. At year end it held assets of $146k against liabilities of $24k, net assets of $121k. It reported 198 employees.