Learning Tree Inc

Analysis

Learning Tree Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in December 1983, 43 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Learning Tree Inc reported income of $27.7m and spending of $24.9m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.2m to $27.7m (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Learning Tree Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Autism Society of North Carolina Inc ($27.7m), Young Men Christian Association of Western North Carolina ($27.7m) and Triangle Residential Options for Substance Abusers Inc ($27.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $265k (1.1% of expenses). At year end it held assets of $18.1m against liabilities of $3.3m, net assets of $14.8m. It reported 806 employees.