Lollypop Learning Center Inc

Analysis

Lollypop Learning Center Inc is a registered charity in United States, based in Paris, TX. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Lollypop Learning Center Inc reported income of $1.2m and spending of $931k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $635k to $1.2m (+85%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lollypop Learning Center Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Empowering the Masses ($1.2m), Multi County Youth and Family Service Inc ($1.2m) and KC Digital Drive ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.3% and program service revenue 77% of the total. Other salaries and wages came to $472k. At year end it held assets of $627k against liabilities of $158k, net assets of $469k. It reported 27 employees.