Philosophy Learning and Teaching Organization

Analysis

Philosophy Learning and Teaching Organization is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 2014, 12 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, Philosophy Learning and Teaching Organization reported income of $223k and spending of $221k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $300k to $223k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philosophy Learning and Teaching Organization sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within WA. Charities of a similar size with the same main cause include Monarch High School Music Boosters ($223k), Infinite Scholars Program of Missouri ($223k) and Illuminated Life School Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $65k (29% of expenses). Other salaries and wages came to $27k. It paid $7,682 in professional fundraising fees. At year end it held assets of $66k against liabilities of $7,990, net assets of $58k. It reported 3 employees.