The Learning Circle Preschool Inc

Analysis

The Learning Circle Preschool Inc is a registered charity in United States, based in Canton, MA. It received its IRS tax-exemption ruling in September 2006, 20 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 December 2023, The Learning Circle Preschool Inc reported income of $721k and spending of $606k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $642k to $721k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Learning Circle Preschool Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include International Chinese Statistical Association ($721k), CT Bar Institute Inc ($721k) and Ma-Aua Education Fund Inc ($721k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $89k (15% of expenses). Other salaries and wages came to $280k. At year end it held assets of $556k against liabilities of $30k, net assets of $527k. It reported 9 employees.