Causeys Learning Center

Analysis

Causeys Learning Center is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Causeys Learning Center reported income of $651k and spending of $644k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $651k (-59%), an average of -20% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Causeys Learning Center sits at the 71st percentile: it is larger than about 71% 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 Compass Academy Network Inc ($651k), Lehman Foundation ($651k) and Compass Academy ($651k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $291k. At year end it held assets of $187k against liabilities of $609k, net assets of -$422k.