Center for Learn Local

Analysis

Center for Learn Local is a registered charity in United States, based in Harbor SPGS, MI. It received its IRS tax-exemption ruling in November 2021, 5 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, Center for Learn Local reported income of $240k and spending of $132k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $240k (+15%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Learn Local sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Benjamin Logan Athletic Booster Club Inc ($240k), Solana Santa Fe Parent Support Group ($240k) and Marana Schools 2340 Foundation ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $43k (33% of expenses). At year end it held assets of $186k against liabilities of $154, net assets of $186k.