Little Castle Learning & Development Center Inc

Analysis

Little Castle Learning & Development Center Inc is a registered charity in United States, based in Artesia, NM. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Little Castle Learning & Development Center Inc reported income of $1.1m and spending of $1.2m, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $729k to $1.1m (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Castle Learning & Development Center Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NM. Charities of a similar size with the same main cause include U S Community Transportation Inc ($1.1m), Everyage Foundation ($1.1m) and Public School Employees Child Devel Opment Center of Howard County Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 82% of the total. Other salaries and wages came to $722k. It paid $4,393 in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $43k, net assets of $1.2m. It reported 38 employees.