Learning Help Centers Of Charlotte
EIN: 455097492 · Charlotte, NC · NTEE: P50
| Metric | Value |
|---|---|
| Total Revenue | $289K |
| Total Expenses | $249K |
| Net Assets | $377K |
Is Learning Help Centers Of Charlotte Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Learning Help Centers Of Charlotte
Learning Help Centers Of Charlotte (EIN: 455097492) is a nonprofit organization based in Charlotte, NC, classified under NTEE code P50. The organization reported total revenue of $289K and total assets of $402K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Learning Help Centers Of Charlotte's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Learning Help Centers Of Charlotte is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 34.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $291K |
| Total Expenses | $249K |
| Surplus / Deficit | +$42K |
| Total Assets | $400K |
| Total Liabilities | $22K |
| Net Assets | $377K |
| Operating Margin | 14.4% |
| Debt-to-Asset Ratio | 5.6% |
| Months of Reserves | 19.3 months |
Financial Health Grade: A
In 2023, Learning Help Centers Of Charlotte reported a surplus of $42K with revenue exceeding expenses, holds 19.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.6% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Learning Help Centers Of Charlotte's revenue has grown at a compound annual growth rate (CAGR) of 34.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | +0.3% | +6.5% |
| 2022 | +33.6% | +107.9% | +26.5% |
| 2021 | +11.0% | +7.5% | +107.1% |
| 2020 | +76.9% | +40.6% | +103.3% |
| 2019 | +18.0% | -2.3% | +79.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Learning Help Centers Of Charlotte has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Learning Help Centers Of Charlotte with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.6%.
Frequently Asked Questions about Learning Help Centers Of Charlotte
Is Learning Help Centers Of Charlotte a legitimate charity?
Based on AI analysis of IRS 990 filings, Learning Help Centers Of Charlotte (EIN: 455097492) insufficient data. 0 red flags identified, 0 strengths noted.
How does Learning Help Centers Of Charlotte spend its money?
Detailed spending breakdown data is not yet available for Learning Help Centers Of Charlotte. Check back for updated IRS 990 analysis.
Are donations to Learning Help Centers Of Charlotte tax-deductible?
Learning Help Centers Of Charlotte is registered as a tax-exempt nonprofit (EIN: 455097492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Learning Help Centers Of Charlotte located?
Learning Help Centers Of Charlotte is headquartered in Charlotte, North Carolina and files with the IRS under EIN 455097492. It is classified under NTEE code P50.
How many years of IRS 990 filings does Learning Help Centers Of Charlotte have?
Learning Help Centers Of Charlotte has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $289K in total revenue.
Filing History
IRS 990 filing history for Learning Help Centers Of Charlotte showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Learning Help Centers Of Charlotte's revenue has grown by 2400.9%, moving from $12K to $291K. Total assets increased by 17191% over the same period, from $2K to $400K. Total functional expenses rose by 2573.7%, from $9K to $249K. In its most recent filing year (2023), Learning Help Centers Of Charlotte reported a surplus of $42K, with revenue exceeding expenses. The organization holds $22K in liabilities against $400K in assets (debt-to-asset ratio: 5.6%), resulting in net assets of $377K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $291K | $249K | $400K | $22K | — | — |
| 2022 | $260K | $248K | $375K | $44K | — | — |
| 2021 | $195K | $120K | $297K | $5K | — | — |
| 2020 | $175K | $111K | $143K | $13K | — | — |
| 2019 | $99K | $79K | $70K | $0 | — | View 990 |
| 2018 | $84K | $81K | $39K | $0 | — | View 990 |
| 2017 | $86K | $79K | $40K | $8K | — | View 990 |
| 2016 | $78K | $76K | $30K | $7K | — | View 990 |
| 2015 | $71K | $78K | $23K | $2K | — | View 990 |
| 2014 | $65K | $48K | $28K | $0 | — | View 990 |
| 2013 | $28K | $17K | $13K | $2K | — | View 990 |
| 2012 | $12K | $9K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $291K, expenses of $249K, and assets of $400K (revenue +11.8% year-over-year).
- 2022: Revenue of $260K, expenses of $248K, and assets of $375K (revenue +33.6% year-over-year).
- 2021: Revenue of $195K, expenses of $120K, and assets of $297K (revenue +11.0% year-over-year).
- 2020: Revenue of $175K, expenses of $111K, and assets of $143K (revenue +76.9% year-over-year).
- 2019: Revenue of $99K, expenses of $79K, and assets of $70K (revenue +18.0% year-over-year).
- 2018: Revenue of $84K, expenses of $81K, and assets of $39K (revenue -2.7% year-over-year).
- 2017: Revenue of $86K, expenses of $79K, and assets of $40K (revenue +10.8% year-over-year).
- 2016: Revenue of $78K, expenses of $76K, and assets of $30K (revenue +9.2% year-over-year).
- 2015: Revenue of $71K, expenses of $78K, and assets of $23K (revenue +9.2% year-over-year).
- 2014: Revenue of $65K, expenses of $48K, and assets of $28K (revenue +134.4% year-over-year).
- 2013: Revenue of $28K, expenses of $17K, and assets of $13K (revenue +140.1% year-over-year).
- 2012: Revenue of $12K, expenses of $9K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Learning Help Centers Of Charlotte:
Data Sources and Methodology
This transparency report for Learning Help Centers Of Charlotte is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.