Laughter N Learning Center

Analysis

Laughter N Learning Center is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2022, Laughter N Learning Center reported income of $197k and spending of $147k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income fell from $232k to $197k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Laughter N Learning Center sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include 1000 Men Empowerment Group ($197k), Rosehill Social Club ($197k) and Zoe for Life ($197k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $27k (18% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.