Learn a Lot Academy

Analysis

Learn a Lot Academy is a registered charity in United States, based in Raytown, MO. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Learn a Lot Academy reported income of $2.0m and spending of $1.8m, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.1m to $2.0m (+91%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Learn a Lot Academy 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 86th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Holsten Human Capital Development NFP ($2.0m), Family Life Pregnancy Care Center Inc ($2.0m) and Children Unlimited Inc ($2.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $963k. At year end it held assets of $509k against liabilities of $9,896, net assets of $500k. It reported 47 employees.