Cheryls Learning Center Inc

Analysis

Cheryls Learning Center Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in July 1997, 29 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Cheryls Learning Center Inc reported income of $569k and spending of $567k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $569k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cheryls Learning Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NE. Charities of a similar size with the same main cause include Boy Scouts of America ($569k), Washington Food Coalition ($569k) and B a S E Camp Childrens Cancer Foundation Inc ($569k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $106k (19% of expenses). Other salaries and wages came to $264k. At year end it held assets of $122k against liabilities of $13k, net assets of $108k. It reported 22 employees.