Holy Family Learning Center Inc

Analysis

Holy Family Learning Center Inc is a registered charity in United States, based in Cheektowaga, NY. It received its IRS tax-exemption ruling in May 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 July 2024, Holy Family Learning Center Inc reported income of $587k and spending of $516k, spending 88% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $314k to $587k (+87%), an average of +17% a year. The sharpest change came in the year to July 2022, when income rose by 527%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holy Family 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 73rd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Hotchkiss Library of Sharon Inc ($587k), Neighborhood Co-Operative Nursery School Inc ($587k) and Arise2read ($587k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $274k. At year end it held assets of $260k against liabilities of $3,130, net assets of $257k. It reported 52 employees.