Yellow Brick Road Early Learning Center Inc

Analysis

Yellow Brick Road Early Learning Center Inc is a registered charity in United States, based in Lexington, VA. It received its IRS tax-exemption ruling in October 1978, 48 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 August 2023, Yellow Brick Road Early Learning Center Inc reported income of $1.3m and spending of $1.1m, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $841k to $1.3m (+60%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yellow Brick Road Early Learning Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include Detroit Chesed Project ($1.3m), Jefferson Park Ministries Inc ($1.3m) and Be Strong Families NFP ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 41% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $65k (5.7% of expenses). Other salaries and wages came to $680k. At year end it held assets of $1.4m against liabilities of $143k, net assets of $1.3m. It reported 37 employees.