Whatcom Center for Early Learning

Analysis

Whatcom Center for Early Learning is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Whatcom Center for Early Learning reported income of $3.7m and spending of $3.5m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.7m (+82%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whatcom Center for Early Learning sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Connecticut Assn for Comm Action ($3.7m), Westwood Behavioral Health Center Inc ($3.7m) and St Catherine Center for Special Needs Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $125k (3.6% of expenses). Other salaries and wages came to $2.3m. It paid $3,814 in professional fundraising fees. At year end it held assets of $3.0m against liabilities of $582k, net assets of $2.5m. It reported 62 employees.