Illuminations Center for Dyslexia Inc

Analysis

Illuminations Center for Dyslexia Inc is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illuminations Center for Dyslexia Inc reported income of $302k and spending of $266k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $302k (+347%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 116%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Illuminations Center for Dyslexia Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within MS. Charities of a similar size with the same main cause include Spruce Inc ($302k), Learning Vine ($302k) and Cherry Hill Huaxia Chinese School Inc ($302k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $37k (14% of expenses). Other salaries and wages came to $73k. At year end it held assets of $64k against liabilities of $4,248, net assets of $60k. It reported 10 employees.