Skagit Valley Early Learning Center

Analysis

Skagit Valley Early Learning Center is a registered charity in United States, based in Burlington, WA. It received its IRS tax-exemption ruling in March 2020, 6 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, Skagit Valley Early Learning Center reported income of $744k and spending of $569k, leaving 24% of income unspent that year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Skagit Valley Early Learning Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Sonkids Christian School ($744k), Andersen Deans Foundation ($744k) and Amazeworks ($744k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $7,712 (1.4% of expenses). Other salaries and wages came to $218k. At year end it held assets of $642k against liabilities of $8,331, net assets of $634k.