Learning Center

Analysis

Learning Center is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in January 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Learning Center reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.3m (+7.6%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Learning Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Buffalo Philharmonic Orchestra Foundation Inc ($1.3m), Drug Prevention Resource Center Inc ($1.3m) and Comparative and International Education Society ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $136k (12% of expenses). Other salaries and wages came to $521k. At year end it held assets of $1.5m against liabilities of $175k, net assets of $1.3m. It reported 14 employees.