Mirabeau Family Learning Center Inc

Analysis

Mirabeau Family Learning Center Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in January 1993, 33 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 December 2023, Mirabeau Family Learning Center Inc reported income of $1.9m and spending of $1.6m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+50%), an average of +11% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mirabeau Family Learning Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Nasha Shkola ($1.9m), James Madison Preparatory High School Inc ($1.9m) and 482forward ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $169k (11% of expenses). Other salaries and wages came to $241k. At year end it held assets of $8.0m against liabilities of $356k, net assets of $7.6m. It reported 10 employees.