Learning 4 the Future Childcare Inc NFP

Analysis

Learning 4 the Future Childcare Inc NFP is a registered charity in United States, based in South Holland, IL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 4 the Future Childcare Inc NFP reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.4m to $1.1m (-17%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Learning 4 the Future Childcare Inc NFP 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 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Trent Hill Center for Children & Families ($1.1m), Dunklin Day Activity Center ($1.1m) and Reading Team Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $150k (14% of expenses). At year end it held assets of $396k against liabilities of $101k, net assets of $295k. It reported 33 employees.