Learning Forward Education Center

Analysis

Learning Forward Education Center is a registered charity in United States, based in Melbourne, FL. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Learning Forward Education Center reported income of $341k and spending of $341k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $281k to $341k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learning Forward Education Center sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Read Early and Daily R E a D ($341k), Huaxia Chinese School at Bergen ($341k) and First Gen Scholars ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $21k (6.2% of expenses). Other salaries and wages came to $203k. At year end it held assets of $946 against liabilities of $946, net assets of $0.