Elements Learning Collaborative Inc

Analysis

Elements Learning Collaborative Inc is a registered charity in United States, based in Fairhaven, MA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Elements Learning Collaborative Inc reported income of $140k and spending of $118k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $140k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elements Learning Collaborative Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Allama Iqbal Medical College Alumni Association of North America Inc ($140k), Teach for Ethiopia Inc ($140k) and Midwest Archives Conference ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 82% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.