Children of the World Learning Center

Analysis

Children of the World Learning Center is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2020, 6 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 2024, Children of the World Learning Center reported income of $174k and spending of $188k, spending 108% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $156k to $174k (+11%), an average of +11% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Children of the World Learning Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Independent Television Festivalincorporated ($174k), Goliad Isd Education Foundation Inc ($174k) and Albertville City Schools Foundation ($174k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 32% of the total. At year end it held assets of $67k against liabilities of $4,510, net assets of $63k.