Early Learning Center Inc

Analysis

Early Learning Center Inc is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in November 1991, 35 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 August 2024, Early Learning Center Inc reported income of $2.2m and spending of $2.3m, spending 105% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $1.7m to $2.2m (+28%), an average of +5.0% a year. The sharpest change came in the year to August 2024, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Early Learning Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Committee on Church Cooperation ($2.2m), Brides Foundation ($2.2m) and Valley Points Family YMCA ($2.2m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $164k (7.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.3m against liabilities of $79k, net assets of $1.2m. It reported 45 employees.