Grans Learning Center Inc

Analysis

Grans Learning Center Inc is a registered charity in United States, based in Pineville, LA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Grans Learning Center Inc reported income of $696k and spending of $772k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $260k to $696k (+168%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 73%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grans Learning Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include Maine Infonet Collaborative ($696k), Saint Samuel Coptic Relief Organization ($696k) and Donors Capital Fund Inc ($696k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $54k (7.0% of expenses). Other salaries and wages came to $401k. At year end it held assets of $17k against liabilities of $60k, net assets of -$42k. It reported 19 employees.