Pineland Early Learning Center Inc

Analysis

Pineland Early Learning Center Inc is a registered charity in United States, based in Pineland, TX. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pineland Early Learning Center Inc reported income of $464k and spending of $576k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $464k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pineland Early Learning Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Tarp Inc ($464k), Claiborne Voluntary Council on the Aging Inc ($464k) and Anso Child Development ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $441k. At year end it held assets of $287k against liabilities of $177k, net assets of $110k. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.