Childrens Learning Center Inc

Analysis

Childrens Learning Center Inc is a registered charity in United States, based in Madras, OR. It received its IRS tax-exemption ruling in November 1986, 40 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 June 2023, Childrens Learning Center Inc reported income of $2.3m and spending of $2.4m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $2.3m (+46%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Learning Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Wood Hudson Cancer Research Laboratory Inc ($2.3m), Wilson Sonsini Goodrich & Rosati Foundation ($2.3m) and G D L Corporation-Gloria Dei Towers ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $92k (3.8% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.7m against liabilities of $74k, net assets of $1.6m. It reported 40 employees.