Learning Accelerator

Analysis

Learning Accelerator is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Learning Accelerator reported income of $4.4m and spending of $3.1m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.4m (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Accelerator sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Cornerstone Christian Academy Inc ($4.4m), Educare Services Incorporated ($4.4m) and Contractors Safety Council of the Coastal Bend Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $570k (18% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.8m against liabilities of $165k, net assets of $4.6m. It reported 18 employees.