Childrens Academy for Education and Learning Inc

Analysis

Childrens Academy for Education and Learning Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in January 1955, 71 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 December 2023, Childrens Academy for Education and Learning Inc reported income of $457k and spending of $561k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $488k to $457k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Academy for Education and Learning Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include For the Kids Org ($456k), Comserv Foundation Founded by Wayne Williams ($457k) and Church Circle 1st Presbyterian Childrens Center Inc ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $340k. At year end it held assets of $866k against liabilities of $188k, net assets of $678k. It reported 15 employees.