Little Miracles Learning Center Inc

Analysis

Little Miracles Learning Center Inc is a registered charity in United States, based in Fort Branch, IN. It received its IRS tax-exemption ruling in December 2019, 7 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 Miracles Learning Center Inc reported income of $1.4m and spending of $1.7m, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $465k to $1.4m (+200%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 216%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Miracles Learning Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Starbright Learning Center ($1.4m), Palisades Preschool ($1.4m) and Big Sky Discovery School Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $87k (5.2% of expenses). Other salaries and wages came to $547k. At year end it held assets of $359k against liabilities of $0, net assets of $359k. It reported 101 employees.