The Learning Alliance Foundation Inc

Analysis

The Learning Alliance Foundation Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in September 2023, 3 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Learning Alliance Foundation Inc reported income of $1.0m and spending of $17k, leaving 98% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $20.4m to $1.0m (-95%), an average of -95% a year. The sharpest change came in the year to June 2024, when income dropped by 95%. Over the whole period it spent 1.4% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Learning Alliance Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Raaz Associates Inc ($1.0m), League of Michigan Bicyclists ($1.0m) and Maryland Consumer Rights Coalition Inc ($1.0m).

At year end it held assets of $23.6m against liabilities of $2,275, net assets of $23.6m.