Early Learning Center Inc

Analysis

Early Learning Center Inc is a registered charity in United States, based in Williston, VT. It received its IRS tax-exemption ruling in November 2021, 5 years ago. 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, Early Learning Center Inc reported income of $723k and spending of $615k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $598k to $723k (+21%), an average of +10% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Early Learning Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within VT. Charities of a similar size with the same main cause include J C C Fund ($723k), Owl Research Institute Inc ($723k) and Trustees of Merrill Memorial Library ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. Other salaries and wages came to $452k. At year end it held assets of $259k against liabilities of $23k, net assets of $237k. It reported 31 employees.