Lyman Learning Institute Inc

Analysis

Lyman Learning Institute Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lyman Learning Institute Inc reported income of $969k and spending of $862k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $740k to $969k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lyman Learning Institute Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Embracing Equity Inc ($969k), Demedici Corporation ($969k) and Mountaineers School of Autism ($968k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $121k (14% of expenses). Other salaries and wages came to $303k. At year end it held assets of $993k against liabilities of $75k, net assets of $918k. It reported 18 employees.