Community Learning Center Inc

Analysis

Community Learning Center Inc is a registered charity in United States, based in Kendallville, IN. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Community Learning Center Inc reported income of $6.0m and spending of $3.2m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2018 to June 2024, income grew from $601k to $6.0m (+894%), an average of +78% a year. The sharpest change came in the year to June 2024, when income rose by 165%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Learning Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Scope 310 Authority ($6.0m), Seashare ($6.0m) and Lutheran Social Ministries of Maryland Inc ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $96k (3.0% of expenses). Other salaries and wages came to $260k. At year end it held assets of $9.9m against liabilities of $2.8m, net assets of $7.2m. It reported 17 employees.