My Life Learning Center Inc

Analysis

My Life Learning Center Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, My Life Learning Center Inc reported income of $382k and spending of $232k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $382k (+559%), an average of +559% a year. The sharpest change came in the year to December 2023, when income rose by 559%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, My Life Learning Center Inc 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 66th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Region II Head Start Association ($382k), Creekside Montessori Joyful Learning Center Inc ($382k) and The Way ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $106k. At year end it held assets of $157k against liabilities of $112, net assets of $157k. It reported 6 employees.