Venture for Success Preparatory Learning Center

Analysis

Venture for Success Preparatory Learning Center is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Venture for Success Preparatory Learning Center reported income of $632k and spending of $531k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $511k to $632k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Venture for Success Preparatory 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 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Samuel Fuller School Inc ($632k), Brigham Young University ($632k) and Colorado Foundation for Conductive Education ($632k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $197k (37% of expenses). Other salaries and wages came to $92k. At year end it held assets of $791k against liabilities of $15k, net assets of $775k. It reported 8 employees.