Learn & Play Enrichment Academy

Analysis

Learn & Play Enrichment Academy is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in April 2018, 8 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 2023, Learn & Play Enrichment Academy reported income of $1.7m and spending of $2.0m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Learn & Play Enrichment Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within AR. Charities of a similar size with the same main cause include St Joseph Peace Mission for Children ($1.7m), Center for Independence Inc ($1.7m) and Central Washington Disability Resources ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 95% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $777k against liabilities of $15k, net assets of $761k. It reported 94 employees.