Marion & Polk Early Learning Hub Inc

Analysis

Marion & Polk Early Learning Hub Inc is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in September 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 June 2023, Marion & Polk Early Learning Hub Inc reported income of $3.6m and spending of $3.2m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.5m to $3.6m (-45%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 48%. 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, Marion & Polk Early Learning Hub Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include Bloomington Project School Inc ($3.6m), I C P a Inc ($3.6m) and Western Mandarin Immersion Charter School ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $139k (4.3% of expenses). Other salaries and wages came to $648k. At year end it held assets of $4.8m against liabilities of $574k, net assets of $4.2m. It reported 12 employees.