Southeast Raleigh Community Learning Center Inc

Analysis

Southeast Raleigh Community Learning Center Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, Southeast Raleigh Community Learning Center Inc reported income of $315k and spending of $298k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $285k to $315k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southeast Raleigh Community Learning Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include STEM the Slide ($315k), Mentoring Male Teens in the Hood ($315k) and Sea Devils ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (17% of expenses). Other salaries and wages came to $139k. At year end it held assets of $25k against liabilities of $0, net assets of $25k. It reported 17 employees.