Let US Learn Inc

Analysis

Let US Learn Inc is a registered charity in United States, based in New Albany, IN. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Let US Learn Inc reported income of $97k and spending of $101k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $97k (-5.2%), an average of -5.2% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Let US Learn Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include Kiwanis Club of Griffin Foundation Inc ($97k), Oceana County Economic Alliance ($97k) and Cove Creek Preservation and Development Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.7% of the total. At year end it held assets of $9,702 against liabilities of $0, net assets of $9,702.