The Gift of Learning Foundation Inc

Analysis

The Gift of Learning Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, The Gift of Learning Foundation Inc reported income of $1.6m and spending of $1.7m, spending 106% of what it took in. Across the 6 years on record, from December 2019 to June 2024, income fell from $1.6m to $1.6m (-2.0%), an average of -0.4% a year. The sharpest change came in the year to June 2021, when income rose by 127%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Gift of Learning Foundation 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 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Families Especial Inc ($1.6m), Hope585 ($1.6m) and Christian Caring Center Pemberton Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $934k. At year end it held assets of $2.1m against liabilities of $1.8m, net assets of $284k. It reported 20 employees.