Center for Living & Learning Inc

Analysis

Center for Living & Learning Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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 2023, Center for Living & Learning Inc reported income of $1.3m and spending of $1.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+24%), an average of +5.6% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Living & Learning Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include Re Mind ($1.3m), Greater Chatham Initiative Inc ($1.3m) and Dallas Cup Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $88k (6.1% of expenses). Other salaries and wages came to $680k. At year end it held assets of $2.9m against liabilities of $452k, net assets of $2.4m. It reported 59 employees.