Learning Foundation Inc

Analysis

Learning Foundation Inc is a registered charity in United States, based in Pinehurst, GA. 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 (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, Learning Foundation Inc reported income of $391k and spending of $209k, leaving 47% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $88k to $391k (+345%), an average of +345% a year. The sharpest change came in the year to June 2024, when income rose by 345%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Trinity Academy Inc ($391k), Shumway Academy Ltd ($391k) and Bryte Christian Academy ($391k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $55k (26% of expenses). Other salaries and wages came to $49k. At year end it held assets of $5,841 against liabilities of $245k, net assets of -$239k. It reported 4 employees.