Hancock County Learning Center Inc

Analysis

Hancock County Learning Center Inc is a registered charity in United States, based in Britt, IA. It received its IRS tax-exemption ruling in March 2022, 4 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 2022, Hancock County Learning Center Inc reported income of $363k and spending of $303k, spending 84% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $241k to $363k (+51%), an average of +51% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hancock County Learning Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Haven of Hope Inc ($363k), Arab American Civic Council ($363k) and Indian Creek Caring Foundation ($363k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 24% and program service revenue 75% of the total. Other salaries and wages came to $194k. At year end it held assets of $58k against liabilities of $2,995, net assets of $55k. It reported 29 employees.