Apprentice Learning Inc

Analysis

Apprentice Learning Inc is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Apprentice Learning Inc reported income of $1.2m and spending of $1.0m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $429k to $1.2m (+174%), an average of +40% a year. The sharpest change came in the year to June 2021, when income rose by 101%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Apprentice Learning Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Girls on the Run of St Louis ($1.2m), Earth Limited ($1.2m) and Entertainment Industry College Outreach Program ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $115k (11% of expenses). Other salaries and wages came to $479k. At year end it held assets of $1.0m against liabilities of $52k, net assets of $954k. It reported 9 employees.