The Adaptive Learning Center

Analysis

The Adaptive Learning Center is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in August 1992, 34 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, The Adaptive Learning Center reported income of $2.2m and spending of $1.9m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.2m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Adaptive Learning Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Young Mens Christian Association of Berwyn Cicero ($2.2m), Nami Collier County Inc ($2.2m) and Berkshire United Way Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $179k (9.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.8m against liabilities of $370k, net assets of $2.4m. It reported 39 employees.