Jacobs Ladder Learning Center Inc

Analysis

Jacobs Ladder Learning Center Inc is a registered charity in United States, based in Vicksburg, MS. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Jacobs Ladder Learning Center Inc reported income of $144k and spending of $194k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $144k (+1.4%), an average of +0.4% a year. 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, Jacobs Ladder Learning Center Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within MS. Charities of a similar size with the same main cause include Foundation for Deaf Education ($144k), Scholar Career Coaching Inc ($144k) and Green Christian Academy Inc ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 30% of the total. Other salaries and wages came to $79k. At year end it held assets of $314k against liabilities of $14k, net assets of $300k. It reported 2 employees.