Lake Oswego Learning Center

Analysis

Lake Oswego Learning Center is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Lake Oswego Learning Center reported income of $90k and spending of $95k, spending 105% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $56k to $90k (+60%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 50%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Oswego Learning Center sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OR. Charities of a similar size with the same main cause include North America Volunteers Inc ($90k), Loomis Community Nursery School ($90k) and Haverhill Education Foundation Inc ($90k).

At year end it held assets of $1,836 against liabilities of $0, net assets of $1,836.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.