Adult Learning Center Inc

Analysis

Adult Learning Center Inc is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Adult Learning Center Inc reported income of $372k and spending of $367k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $374k to $372k (-0.5%), an average of -0.1% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adult Learning Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include Ark Adventure Preschool ($372k), Douglasville Community Outreach Inc ($372k) and Expanding Frontiers Corp ($372k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $99k (27% of expenses). Other salaries and wages came to $145k. At year end it held assets of $100k against liabilities of $6,120, net assets of $94k. It reported 11 employees.