Hope Springs Christian Learning Center Inc

Analysis

Hope Springs Christian Learning Center Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hope Springs Christian Learning Center Inc reported income of $413k and spending of $407k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $196k to $413k (+111%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 75%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hope Springs Christian Learning Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Skyview High School Booster Club ($413k), Winnetka Parent Teacher Organization ($413k) and Michael S Jacobs Foundation Inc ($413k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.5% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $52k (13% of expenses). Other salaries and wages came to $145k. At year end it held assets of $716k against liabilities of $350k, net assets of $366k. It reported 7 employees.