Southwest Learning Centers

Analysis

Southwest Learning Centers is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Southwest Learning Centers reported income of $79k and spending of $96k, spending 122% of what it took in. Across the 2 years on record, from June 2019 to June 2023, income fell from $229k to $79k (-66%), an average of -66% a year. The sharpest change came in the year to June 2023, when income dropped by 66%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southwest Learning Centers sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within NM. Charities of a similar size with the same main cause include Exhibit 3000 ($79k), Historic Jessops Church Inc ($79k) and Carmel Valley Art Association ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $20k against liabilities of $3,292, net assets of $17k.