Foundation for the Art and Science of Learning

Analysis

Foundation for the Art and Science of Learning is a registered charity in United States, based in Pinson, AL. It received its IRS tax-exemption ruling in April 2022, 4 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 December 2023, Foundation for the Art and Science of Learning reported income of $134k and spending of $330k, spending 247% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $382k to $134k (-65%), an average of -41% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for the Art and Science of Learning sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AL. Charities of a similar size with the same main cause include Friends of the Hamilton Schools Foundation Inc ($134k), Youngstown Free Library ($134k) and Mentor Chippewa Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.