The Learning Center of North Arkansas

Analysis

The Learning Center of North Arkansas is a registered charity in United States, based in Berryville, AR. It received its IRS tax-exemption ruling in December 1977, 49 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, The Learning Center of North Arkansas reported income of $7.5m and spending of $7.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $7.5m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Learning Center of North Arkansas sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within AR. Charities of a similar size with the same main cause include Health Sciences Charter School ($7.5m), Gray Stone Educational Foundation Inc ($7.5m) and Idaho Virtual High School Inc ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.5% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $155k (2.2% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $12.6m against liabilities of $647k, net assets of $12.0m. It reported 150 employees.