Learning Agency Lab

Analysis

Learning Agency Lab is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Learning Agency Lab reported income of $1.2m and spending of $1.3m, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $875k to $1.2m (+31%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Agency Lab 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 78th percentile within AZ. Charities of a similar size with the same main cause include Florida Masonry Apprentice and Education Foundation Inc ($1.1m), American International Recruitment Council ($1.2m) and California Tamil Academy ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $99k (7.7% of expenses). Other salaries and wages came to $197k. At year end it held assets of $2.8m against liabilities of $1.2m, net assets of $1.6m. It reported 7 employees.