Fellowship of Purpose Early Childhood Learning Center

Analysis

Fellowship of Purpose Early Childhood Learning Center is a registered charity in United States, based in Channelview, TX. It received its IRS tax-exemption ruling in February 2016, 10 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 May 2024, Fellowship of Purpose Early Childhood Learning Center reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $714k to $1.5m (+109%), an average of +16% a year. The sharpest change came in the year to May 2022, when income rose by 64%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fellowship of Purpose Early Childhood Learning Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include The Apple Orchard ($1.5m), Jn2117 Feed My Sheep Inc ($1.5m) and Hope in the Mountains Inc ($1.5m).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 83% of the total. Compensation of current officers, directors and key employees was $165k (16% of expenses). Other salaries and wages came to $99k. At year end it held assets of $4.1m against liabilities of $1.3m, net assets of $2.9m. It reported 48 employees.