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A Chance to Learn

RegisteredEIN 46-4235643Arlington, TXEducation and training
Income$853k2023-12
Spending$827ksame year
Spent / received97%2-year average
Size in its cause74th pctEducation and training
Exempt since2014Publicly supported organisat
Employees1latest return

Analysis

A Chance to Learn is a registered charity in United States, based in Arlington, TX. 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 (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, A Chance to Learn reported income of $853k and spending of $827k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $853k (+7305%), an average of +7305% a year. The sharpest change came in the year to December 2023, when income rose by 7305%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Chance to Learn sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Oakland Literacy Coalition ($853k), Alpha XI Delta Foundation ($853k) and Light Africa ($853k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $59k (7.1% of expenses). At year end it held assets of $27k against liabilities of $88k, net assets of -$61k. It reported 1 employees.

Income and spending

$0$213k$427k$640k$853k2022 Income: $11,5202022 Spending: $11,04420222023 Income: $853,0532023 Spending: $826,5572023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Oakland Literacy CoalitionOakland$853k
Alpha XI Delta FoundationIndianapolis$853k
Light AfricaRocklin$853k
Community Christian AcademyCharlottesvle$853k