Semihan Early Learning Academy

Analysis

Semihan Early Learning Academy is a registered charity in United States, based in Carrollton, TX. It received its IRS tax-exemption ruling in October 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 2023, Semihan Early Learning Academy reported income of $1.2m and spending of $1.0m, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.0m to $1.2m (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Semihan Early Learning Academy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Resources for Independent Living Inc ($1.2m), Weaverland Financial Aid of Newyork ($1.2m) and Emir-Every Murder Is Real ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $12k (1.2% of expenses). Other salaries and wages came to $520k. At year end it held assets of $296k against liabilities of $0, net assets of $296k. It reported 42 employees.