Mid-Shore Early Learning Center

Analysis

Mid-Shore Early Learning Center is a registered charity in United States, based in Easton, MD. 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 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 June 2023, Mid-Shore Early Learning Center reported income of $430k and spending of $429k, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $394k to $430k (+8.9%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid-Shore Early Learning Center 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 67th percentile within MD. Charities of a similar size with the same main cause include Southside Academy Incorporated ($430k), Sea-King District of the Washington Interscholastic Activities Assn ($430k) and Marriage for Life Inc ($430k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $58k (13% of expenses). Other salaries and wages came to $251k. At year end it held assets of $701k against liabilities of $190k, net assets of $511k. It reported 10 employees.