Dollar Learning Foundation

Analysis

Dollar Learning Foundation is a registered charity in United States, based in Woodland Hills, CA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Dollar Learning Foundation reported income of $1.3m and spending of $1.5m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dollar Learning Foundation sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Bnai Brith Covenant House of Tucson Arizona Inc ($1.3m), Tabor Lutheran Senior Housing Inc ($1.3m) and Trinity Community Housing Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $104k (6.8% of expenses). Other salaries and wages came to $100k. At year end it held assets of $339k against liabilities of $958k, net assets of -$619k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.