St Peters Adult Learning Center

Analysis

St Peters Adult Learning Center is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2007, 19 years ago. 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, St Peters Adult Learning Center reported income of $1.4m and spending of $1.0m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.4m (-2.4%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Peters Adult Learning Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Parkinsons Research and Education Foundation Inc ($1.4m), Quaker Haven Foundation Inc ($1.4m) and Health Partners Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $136k (13% of expenses). Other salaries and wages came to $423k. At year end it held assets of $3.5m against liabilities of $199k, net assets of $3.3m. It reported 17 employees.