Early Learning Coalition of Indian River Martin & Okeechobee Counties
Analysis
Early Learning Coalition of Indian River Martin & Okeechobee Counties is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in September 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 June 2023, Early Learning Coalition of Indian River Martin & Okeechobee Counties reported income of $34.1m and spending of $34.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.8m to $34.1m (+130%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Early Learning Coalition of Indian River Martin & Okeechobee Counties sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include St Lukes Foundation Inc ($34.1m), Odyssey Charter School Inc ($34.1m) and Friends School of Baltimore Inc ($34.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $113k (0.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.8m against liabilities of $2.3m, net assets of $511k. It reported 32 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Lukes Foundation Inc | New Canaan | $34.1m |
| Odyssey Charter School Inc | Palm Bay | $34.1m |
| Friends School of Baltimore Inc | Baltimore | $34.1m |
| Bethany College | Bethany | $34.1m |