Ilearn Collaborative

Analysis

Ilearn Collaborative is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ilearn Collaborative reported income of $2.9m and spending of $2.9m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $577k to $2.9m (+409%), an average of +72% a year. The sharpest change came in the year to June 2023, when income rose by 391%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ilearn Collaborative sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Hope Partnership for Education ($2.9m), Arizona Charter Solutions ($2.9m) and Yancy Life Transition Center ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $192k (6.7% of expenses). Other salaries and wages came to $609k. At year end it held assets of $1.0m against liabilities of $283k, net assets of $742k. It reported 7 employees.