Lil Scholars Learning Academy Inc

Analysis

Lil Scholars Learning Academy Inc is a registered charity in United States, based in Hawthorne, FL. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Lil Scholars Learning Academy Inc reported income of $301k and spending of $215k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $332k to $301k (-9.2%), an average of -3.2% a year. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lil Scholars Learning Academy Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Esteamed Coffee Inc ($301k), Meals on Wheels of Hancock County Inc ($301k) and All Our Kids Inc ($301k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $106k. At year end it held assets of $253k against liabilities of $15k, net assets of $238k. It reported 5 employees.