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The Learning Collaborative

RegisteredEIN 56-1668333Charlotte, NCEducation and training
Income$1.4m2024-06
Spending$1.2msame year
Spent / received99%6-year average
Size in its cause79th pctEducation and training
Exempt since1990School
Employees18latest return

Analysis

The Learning Collaborative is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Learning Collaborative reported income of $1.4m and spending of $1.2m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $893k to $1.4m (+56%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Learning Collaborative 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 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Bridges Educational Foundation Inc ($1.4m), Hope Protestant Reformed School for Christian Instruction ($1.4m) and Kalamazoo Plumbing & Pipefitting Training Fund Plan & TR ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $84k (6.8% of expenses). Other salaries and wages came to $572k. At year end it held assets of $2.3m against liabilities of $61k, net assets of $2.3m. It reported 18 employees.

Income and spending

$0$348k$696k$1.0m$1.4m2019 Income: $893,4912019 Spending: $897,79320192020 Income: $956,6772020 Spending: $918,94020202021 Income: $890,9642021 Spending: $1,012,73820212022 Income: $1,133,5222022 Spending: $1,145,00120222023 Income: $1,218,4292023 Spending: $1,216,36420232024 Income: $1,392,3252024 Spending: $1,226,7712024
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 1.6%

Similar-sized charities, same cause

CharityLocationIncome
Bridges Educational Foundation IncChapel Hill$1.4m
Hope Protestant Reformed School for Christian InstructionGrand Rapids$1.4m
Kalamazoo Plumbing & Pipefitting Training Fund Plan & TRSchoolcraft$1.4m
United States Breastfeeding Committee IncWashington$1.4m