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Center for Interactive Learning and Collaboration Inc

RegisteredEIN 47-1848769North Mankato, MNEducation and training
Income$412k2024-06
Spending$348ksame year
Spent / received100%6-year average
Size in its cause65th pctEducation and training
Exempt since2015Publicly supported organisat
Employees0latest return

Analysis

Center for Interactive Learning and Collaboration Inc is a registered charity in United States, based in North Mankato, MN. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Center for Interactive Learning and Collaboration Inc reported income of $412k and spending of $348k, spending 85% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $423k to $412k (-2.6%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Interactive Learning and Collaboration Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Covington First United Methodist Church Preschool Inc ($412k), Reynolds County Day Center ($412k) and Greenville Woodworkers Guild Incorporated ($412k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 84% of the total. At year end it held assets of $672k against liabilities of $169k, net assets of $504k.

Income and spending

$0$163k$325k$488k$650k2019 Income: $422,8222019 Spending: $318,78120192020 Income: $443,6312020 Spending: $372,82020202021 Income: $369,6342021 Spending: $502,20920212022 Income: $558,5382022 Spending: $650,26820222023 Income: $614,0272023 Spending: $613,52120232024 Income: $411,8562024 Spending: $348,1502024
IncomeSpending

Where the income comes from

  • Contributions & grants 12%
  • Program services 84%
  • Other 4.3%

Similar-sized charities, same cause

CharityLocationIncome
Covington First United Methodist Church Preschool IncCovington$412k
Reynolds County Day CenterEllington$412k
Greenville Woodworkers Guild IncorporatedGreenville$412k
One World BridgeImperial BCH$412k