I Can Living and Learning Center Inc

Analysis

I Can Living and Learning Center Inc is a registered charity in United States, based in Deerfield BCH, FL. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, I Can Living and Learning Center Inc reported income of $892k and spending of $1.1m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $892k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, I Can Living and Learning Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Broadway Developement Corp ($892k), Emancipation Economic Development Council ($892k) and Iwikua ($891k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $449k (40% of expenses). Other salaries and wages came to $342k. At year end it held assets of $212k against liabilities of $4,241, net assets of $208k. It reported 14 employees.