Launch Learning Inc

Analysis

Launch Learning Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in April 2021, 5 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, Launch Learning Inc reported income of $276k and spending of $207k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $410k to $276k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 15% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Launch Learning Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Ashinaga Inc ($276k), Onekid Oneworld Inc ($276k) and The Somerville Foundation Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $93k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 16 employees.