Learning Together Inc

Analysis

Learning Together Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Together Inc reported income of $1.8m and spending of $1.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.8m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Learning Together 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 NC. Charities of a similar size with the same main cause include Building Families for Children ($1.8m), African Advocacy Networrk ($1.8m) and United Family Services Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $127k (7.1% of expenses). Other salaries and wages came to $891k. At year end it held assets of $862k against liabilities of $378k, net assets of $485k. It reported 31 employees.