PRC Learning Center Inc
Analysis
PRC Learning Center Inc is a registered charity in United States, based in South Holland, IL. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, PRC Learning Center Inc reported income of $95k and spending of $121k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $95k (+0.8%), an average of +0.8% a year. Over the whole period it spent 144% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, PRC Learning Center Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include East-West Philanthropy Forum ($95k), Vance Memorial Fund ($95k) and Redfield Community Memorial Hospital and Clinic Foundation ($95k).
On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| East-West Philanthropy Forum | Honolulu | $95k |
| Vance Memorial Fund | Cincinnati | $95k |
| Redfield Community Memorial Hospital and Clinic Foundation | Redfield | $95k |
| Irving Police Association Benefits Inc | Irving | $95k |