Community Learning Center Inc

Analysis

Community Learning Center Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Community Learning Center Inc reported income of $916k and spending of $813k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $395k to $916k (+132%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Learning Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include KLCC Public Radio Foundation ($915k), Erie Downtown Partnership ($917k) and Maryland Kenyans Organization ($915k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $110k (14% of expenses). Other salaries and wages came to $404k. At year end it held assets of $357k against liabilities of $13k, net assets of $344k. It reported 37 employees.