Learning Resources Network Inc

Analysis

Learning Resources Network Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in March 1978, 48 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 2023, Learning Resources Network Inc reported income of $1.9m and spending of $1.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $1.9m (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2021, when income dropped by 15%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Resources Network Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KS. Charities of a similar size with the same main cause include St Petersburg Primary School Inc ($1.9m), Canyon Crest Academy Foundation Inc ($1.9m) and Bethlehem Childrens School ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $165k (9.6% of expenses). Other salaries and wages came to $432k. At year end it held assets of $1.7m against liabilities of $108k, net assets of $1.6m. It reported 14 employees.