Keres Childrens Learning Center

Analysis

Keres Childrens Learning Center is a registered charity in United States, based in Cochiti Publo, NM. It received its IRS tax-exemption ruling in December 2015, 11 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 July 2023, Keres Childrens Learning Center reported income of $6.6m and spending of $2.0m, leaving 70% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.3m to $6.6m (+410%), an average of +50% a year. The sharpest change came in the year to July 2023, when income rose by 240%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Keres Childrens Learning Center 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 95th percentile within NM. Charities of a similar size with the same main cause include Texas Education Works ($6.6m), Richard Allen Preparatory Inc ($6.6m) and United States Merchant Marine Academy Alumni Association and Fou ($6.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $96k (4.9% of expenses). Other salaries and wages came to $931k. At year end it held assets of $6.8m against liabilities of $181k, net assets of $6.6m. It reported 39 employees.