Learning Ladders Incorporated

Analysis

Learning Ladders Incorporated is a registered charity in United States, based in Prince Frederick, MD. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Learning Ladders Incorporated reported income of $466k and spending of $621k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $466k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Learning Ladders Incorporated sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Southeast Community Development Corporation ($466k), Jack Trottier Foundation Inc ($466k) and Denver Police Orphans Fund Inc ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Other salaries and wages came to $438k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 19 employees.