The Golden Triangle Learning Center

Analysis

The Golden Triangle Learning Center is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, The Golden Triangle Learning Center reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.2m (+11%), an average of +2.5% a year. The sharpest change came in the year to September 2021, when income rose by 44%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Golden Triangle Learning Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include All Farmers Inc ($1.2m), Michigan Braille Trans Fund Inc ($1.2m) and The Chosen & Dearly Loved Foundation ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $110k (8.7% of expenses). Other salaries and wages came to $651k. At year end it held assets of $360k against liabilities of $147k, net assets of $213k. It reported 30 employees.