Little Imaginations Early Learning Center

Analysis

Little Imaginations Early Learning Center is a registered charity in United States, based in Fruita, CO. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Little Imaginations Early Learning Center reported income of $493k and spending of $439k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $402k to $493k (+23%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Imaginations Early Learning Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Parent Booster USA Inc ($493k), Aurora Child Care Inc ($493k) and Nantucket Book Foundation Inc ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $53k (12% of expenses). Other salaries and wages came to $229k. At year end it held assets of $86k against liabilities of $16k, net assets of $70k. It reported 19 employees.