LA Fontaine Learning Center Inc

Analysis

LA Fontaine Learning Center Inc is a registered charity in United States, based in LA Fontaine, IN. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, LA Fontaine Learning Center Inc reported income of $379k and spending of $458k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $356k to $379k (+6.5%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Fontaine Learning Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Coffeyville Coalition for Early Education ($379k), Virginia State Reading Association ($379k) and Ark of the Rainbow Corporation ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Other salaries and wages came to $275k. At year end it held assets of $50k against liabilities of $89k, net assets of -$39k. It reported 20 employees.