The Little Schoolhouse Inc

Analysis

The Little Schoolhouse Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in March 1970, 56 years ago. 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 December 2023, The Little Schoolhouse Inc reported income of $389k and spending of $296k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $389k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Little Schoolhouse 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 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include St Pauls Free Clinic Inc ($389k), Bay Philharmonic ($389k) and Menomonie Youth Hockey Association Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $42k (14% of expenses). Other salaries and wages came to $141k. At year end it held assets of $493k against liabilities of $707, net assets of $493k. It reported 5 employees.