Loving Arms Early Learning Center

Analysis

Loving Arms Early Learning Center is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Loving Arms Early Learning Center reported income of $751k and spending of $849k, spending 113% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $439k to $751k (+71%), an average of +14% a year. The sharpest change came in the year to August 2022, when income rose by 99%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loving Arms Early Learning Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Simply Smiles Inc ($751k), Richwood Independent Agricultural Fair ($751k) and Family Care Center of Catawba Valley Inc ($751k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.4% and program service revenue 95% of the total. Other salaries and wages came to $645k. At year end it held assets of $98k against liabilities of $57k, net assets of $41k. It reported 99 employees.