Fairplex Learning and Development Center

Analysis

Fairplex Learning and Development Center is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2023, Fairplex Learning and Development Center reported income of $4.1m and spending of $3.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $4.1m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fairplex Learning and Development Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Colorado Uplift ($4.1m), Horizon Science Academy-Cincinnati ($4.1m) and Bergen County Cooperative Library System Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 37% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $8.4m against liabilities of $1.1m, net assets of $7.2m. It reported 95 employees.