Discovery Learning Center

Analysis

Discovery Learning Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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 December 2023, Discovery Learning Center reported income of $648k and spending of $672k, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $466k to $648k (+39%), an average of +6.8% a year. The sharpest change came in the year to December 2019, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Discovery Learning Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Messiahs Outreach Inc ($648k), PTA Texas Congress ($649k) and Westwood Housing Association Inc ($648k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 98% of the total. Other salaries and wages came to $455k. At year end it held assets of $291k against liabilities of $0, net assets of $291k. It reported 13 employees.