Early Learning Shared Services Alliance Inc

Analysis

Early Learning Shared Services Alliance Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in January 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Early Learning Shared Services Alliance Inc reported income of $2.3m and spending of $1.3m, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $738k to $2.3m (+209%), an average of +209% a year. The sharpest change came in the year to December 2023, when income rose by 209%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Early Learning Shared Services Alliance Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Urban League of Lexington-Fayette Co ($2.3m), Taskforce Fore Ending Homelessness Inc ($2.3m) and Independent Community Living Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $47k (3.6% of expenses). Other salaries and wages came to $517k. At year end it held assets of $1.4m against liabilities of $57k, net assets of $1.3m. It reported 13 employees.