Preschool Learning Center Inc

Analysis

Preschool Learning Center Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Preschool Learning Center Inc reported income of $60k and spending of $416, leaving 99% of income unspent that year. Across the 5 years on record, from December 2017 to December 2023, income fell from $620k to $60k (-90%), an average of -44% a year. The sharpest change came in the year to December 2021, when income dropped by 100%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Preschool Learning Center Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within LA. Charities of a similar size with the same main cause include Ocean Corporation Education Foundation ($60k), Grove Bay Foundation Inc ($60k) and Blue and Gold Standard Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 20 employees.