Angels Care Learning Center

Analysis

Angels Care Learning Center is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 2023, 3 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 December 2023, Angels Care Learning Center reported income of $502k and spending of $415k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $195k to $502k (+158%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Angels Care Learning Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include Cuba Circulating Library Assoc ($502k), Folds of Honor Foundation ($502k) and Fergus Falls 544 Educaton Foundation ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $60k (14% of expenses). Other salaries and wages came to $85k. At year end it held assets of $290k against liabilities of $55k, net assets of $236k. It reported 5 employees.