Elizabeths Early Learning Center Inc

Analysis

Elizabeths Early Learning Center Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in November 1996, 30 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 December 2023, Elizabeths Early Learning Center Inc reported income of $2.8m and spending of $3.0m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.8m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 77%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Elizabeths Early Learning Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Eizer Bachurim Dmonsey Friends of Teenagers Inc ($2.8m), Womanhaven ($2.8m) and Concord Child Care Center Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.9% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $107k (3.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $10.6m against liabilities of $141k, net assets of $10.5m. It reported 99 employees.