Franklin County Learning Center Inc

Analysis

Franklin County Learning Center Inc is a registered charity in United States, based in Ozark, AR. It received its IRS tax-exemption ruling in November 1974, 52 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 June 2023, Franklin County Learning Center Inc reported income of $1.5m and spending of $1.3m, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.5m (+38%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Franklin County Learning Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within AR. Charities of a similar size with the same main cause include Friends of Garrigan High School Inc ($1.5m), Jefferson County Christian School Inc ($1.5m) and Tanaina Child Development Center Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $662k. At year end it held assets of $1.8m against liabilities of $64k, net assets of $1.7m. It reported 52 employees.