Maranathan Family Learning Center and Academy Inc

Analysis

Maranathan Family Learning Center and Academy Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Maranathan Family Learning Center and Academy Inc reported income of $598k and spending of $676k, spending 113% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $203k to $598k (+195%), an average of +31% a year. The sharpest change came in the year to August 2021, when income rose by 109%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maranathan Family Learning Center and Academy Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Verein Zur Veranstaltung Und Forderung Des Willem C Vis Intl Co ($598k), Bannockburn Nursery School Inc ($598k) and Achievement Rewards for College Scientists Seattle Chapter ($598k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k. It reported 4 employees.