Learning Economy Inc

Analysis

Learning Economy Inc is a registered charity in United States, based in Lebanon, TN. 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 Economy Inc reported income of $813k and spending of $1.4m, spending 166% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $604k to $813k (+35%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Economy Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Preschool at Point Washington Inc ($813k), National Snaffle Bit Association Foundation Inc ($814k) and Arts Partners Inc ($813k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $109k (8.1% of expenses). Other salaries and wages came to $297k. At year end it held assets of $464k against liabilities of $563k, net assets of -$99k. It reported 8 employees.