Learning Matters

Analysis

Learning Matters is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Learning Matters reported income of $828k and spending of $807k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $617k to $828k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Matters sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Ihanktonwan Community College ($828k), Scholarship & Welfare Funds of Alumni Association of Hunter Colle ($828k) and Lancaster County Career & Technology Foundation ($828k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $73k (9.1% of expenses). Other salaries and wages came to $487k. At year end it held assets of $415k against liabilities of $72k, net assets of $342k. It reported 41 employees.