Castle Rock Lifelong Learning Center

Analysis

Castle Rock Lifelong Learning Center is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Castle Rock Lifelong Learning Center reported income of $8.3m and spending of $7.2m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $8.3m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Castle Rock Lifelong Learning Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Billion Oyster Project ($8.3m), Amberton University ($8.3m) and Highville Charter School Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $15.3m against liabilities of $15.0m, net assets of $290k. It reported 111 employees.