Learning Experience School Inc

Analysis

Learning Experience School Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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 July 2023, Learning Experience School Inc reported income of $5.2m and spending of $3.1m, leaving 41% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.9m to $5.2m (+77%), an average of +15% a year. The sharpest change came in the year to July 2023, when income rose by 46%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Learning Experience School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Community Action Program for Madison County Inc ($5.2m), American Geological Institute ($5.2m) and Possabilities of Southern Minnesota Inc ($5.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 26% and program service revenue 51% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $11.5m against liabilities of $515k, net assets of $11.0m. It reported 41 employees.