Eagle Learning Center Inc

Analysis

Eagle Learning Center Inc is a registered charity in United States, based in Fairlawn, OH. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eagle Learning Center Inc reported income of $619k and spending of $758k, spending 122% of what it took in. Across the 2 years on record, from June 2020 to June 2023, income grew from $467k to $619k (+33%), an average of +33% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 138% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eagle Learning Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Texas K-12 Cto Council ($619k), Psychiatric Clinical Facultyassociation ($619k) and Ridgewood School Incorporated ($619k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $6,750 (0.9% of expenses). Other salaries and wages came to $343k. At year end it held assets of $711k against liabilities of $798k, net assets of -$88k. It reported 17 employees.