Learning by Design Inc

Analysis

Learning by Design Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2019, 7 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 June 2023, Learning by Design Inc reported income of $2.3m and spending of $2.4m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $616k to $2.3m (+278%), an average of +40% a year. The sharpest change came in the year to June 2020, when income rose by 175%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning by Design Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Micanopy Area Cooperative School Inc ($2.3m), Business and Career Services Incorporated ($2.3m) and Northwest Passage High School ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $113k (4.7% of expenses). Other salaries and wages came to $724k. At year end it held assets of $848k against liabilities of $656k, net assets of $192k. It reported 25 employees.