Troy-Johnson Learning Korner Inc

Analysis

Troy-Johnson Learning Korner Inc is a registered charity in United States, based in Mullins, SC. It received its IRS tax-exemption ruling in August 1998, 28 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 June 2024, Troy-Johnson Learning Korner Inc reported income of $858k and spending of $912k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $689k to $858k (+24%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 70%. 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, Troy-Johnson Learning Korner Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Warwick Day Care Center Inc ($858k), Operation Serve Inc ($858k) and Heart of Texas Foundation College of Ministry ($858k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $65k (7.1% of expenses). Other salaries and wages came to $466k. At year end it held assets of $422k against liabilities of $6,317, net assets of $416k. It reported 29 employees.