Charity Search / THE CENTER A DROP-IN COMMUNITY LEARNING & RESOURCE CENTER INC
Education (B92Z) 990 on File

THE CENTER A DROP-IN COMMUNITY LEARNING & RESOURCE CENTER INC

EIN: 06-0869262 · NEW LONDON, CT 06320-6601 · United States · FY 2025 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 85/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$286K
Total Revenue
$320K
Total Expenses
$138K
Net Assets
20
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 84.7%
Fundraising Efficiency N/A
Operating Reserve 5.18x
Liability-to-Asset 14.8%
Revenue Diversification 58.2%
Executive Compensation $52K
Compared with Peers
FY 2025
Compared with 10,291 similar organizations (United States, Education, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
84.7% 89.6%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
15.1% 7.5%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.2% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
5.2 mo 9.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
14.8% 0.1%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
58.2% 87.8%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-4.6% 6.3%
P10P90
Expense growth
Year over year expense growth
1.4% 7.6%
P10P90
Surplus margin
Surplus as a share of revenue
-11.8% 3.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $286K $320K $138K 84.7% 20
2024 $300K $315K $240K 83.9% 21
2023 $328K $288K $240K 85.0% 15
2022 $383K $316K N/A 24
2021 $243K $289K N/A 19
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Organization Details
EIN
06-0869262
State
CT
City
NEW LONDON
ZIP
06320-6601
Classification
B92Z
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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