Rising Generations Early Learning Center Inc

Analysis

Rising Generations Early Learning Center Inc is a registered charity in United States, based in Largo, MD. It received its IRS tax-exemption ruling in July 1997, 29 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 December 2022, Rising Generations Early Learning Center Inc reported income of $1.9m and spending of $1.9m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.6m to $1.9m (+21%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rising Generations Early Learning Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Wraparound Family Services ($1.9m), Lord S Pantry of Downingtown ($1.9m) and Share Outreach Incorporated ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 91% of the total. At year end it held assets of $782k against liabilities of $30k, net assets of $753k.