Early Learning Coalition of Pasco and Hernando Counties Inc

Analysis

Early Learning Coalition of Pasco and Hernando Counties Inc is a registered charity in United States, based in Hudson, FL. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Early Learning Coalition of Pasco and Hernando Counties Inc reported income of $74.8m and spending of $74.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.3m to $74.8m (+164%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Early Learning Coalition of Pasco and Hernando Counties Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Classical Academy Incorporated ($74.8m), Oklahoma Christian University Inc ($74.9m) and Advantage Academy of Hillsborough Inc ($74.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $3.2m against liabilities of $3.4m, net assets of -$167k. It reported 50 employees.