Loving Care Young Achievers Club

Analysis

Loving Care Young Achievers Club is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in August 2018, 8 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 2024, Loving Care Young Achievers Club reported income of $1.0m and spending of $1.2m, spending 116% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $507k to $1.0m (+103%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loving Care Young Achievers Club sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Jane Goodall Environmental Middle School ($1.0m), Unfcu Foundation Inc ($1.0m) and Sprocket Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $35k (3.0% of expenses). Other salaries and wages came to $488k. At year end it held assets of $124k against liabilities of $0, net assets of $124k. It reported 36 employees.