Pro Re Bona Early Learning Center

Analysis

Pro Re Bona Early Learning Center is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in July 1953, 73 years ago. 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, Pro Re Bona Early Learning Center reported income of $478k and spending of $481k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $478k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pro Re Bona Early Learning Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Glacier Nordic Club Inc ($478k), Elroy Area Fire and Ambulance Association Inc ($478k) and South County Economic Development Council ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $278k. At year end it held assets of $471k against liabilities of $37k, net assets of $434k. It reported 17 employees.