West Lane Technical Learning Center

Analysis

West Lane Technical Learning Center is a registered charity in United States, based in Veneta, OR. It received its IRS tax-exemption ruling in January 2004, 22 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 June 2023, West Lane Technical Learning Center reported income of $1.0m and spending of $1.3m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $965k to $1.0m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Lane Technical Learning Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OR. Charities of a similar size with the same main cause include Graduate School of the Stowers Institute for Medical Research ($1.0m), Educators Leading the Profession ($1.0m) and Covenant Baptist Theological Seminary ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $254k (20% of expenses). Other salaries and wages came to $637k. At year end it held assets of $1.1m against liabilities of $1.3m, net assets of -$233k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.