Fun Learning Place Corporation

Analysis

Fun Learning Place Corporation is a registered charity in United States, based in Acton, MA. It received its IRS tax-exemption ruling in June 2015, 11 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, Fun Learning Place Corporation reported income of $435k and spending of $416k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $334k to $435k (+30%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fun Learning Place Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Midway Isd Education Foundation ($435k), Mary Weems Barton Quincy Public Library Foundation ($435k) and Parkland School District Education Foundation ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $170k (41% of expenses). At year end it held assets of $147k against liabilities of $144k, net assets of $3,648. It reported 2 employees.