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The Center for Learner Equity Inc

RegisteredEIN 46-3576125New York, NYEducation and training
Income$709k2023-12
Spending$2.2msame year
Spent / received83%5-year average
Size in its cause72nd pctEducation and training
Exempt since2014Publicly supported organisat
Employees14latest return

Analysis

The Center for Learner Equity Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 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, The Center for Learner Equity Inc reported income of $709k and spending of $2.2m, spending 316% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $709k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Center for Learner Equity Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Robocup Federation Inc ($709k), Lake Ridge High School Athletic Booster Club ($709k) and Bexar County Junior Livestock Show Inc ($709k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $251k (11% of expenses). Other salaries and wages came to $619k. At year end it held assets of $4.4m against liabilities of $184k, net assets of $4.3m. It reported 14 employees.

Income and spending

$0$1.3m$2.6m$3.9m$5.2m2019 Income: $1,510,4812019 Spending: $1,863,88520192020 Income: $2,437,7232020 Spending: $2,065,39220202021 Income: $2,768,7972021 Spending: $2,190,54320212022 Income: $5,242,2702022 Spending: $2,118,69220222023 Income: $709,2242023 Spending: $2,243,0392023
IncomeSpending

Where the income comes from

  • Contributions & grants 50%
  • Program services 29%
  • Other 20%

Similar-sized charities, same cause

CharityLocationIncome
Robocup Federation IncWashington$709k
Lake Ridge High School Athletic Booster ClubMansfield$709k
Bexar County Junior Livestock Show IncAdkins$709k
Case Method Institute for Education and Democracy IncCambridge$709k