Literacy Assistance Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,784,867 | 3,147,306 | −362,439 | 3.8 | 44% |
| 2012 | 2,395,846 | 2,459,682 | −63,836 | 4.5 | 41% |
| 2013 | 2,346,597 | 2,336,346 | 10,251 | 4.8 | 42% |
| 2014 | 2,357,975 | 2,319,367 | 38,608 | 5.0 | 51% |
| 2015 | 2,060,596 | 1,957,318 | 103,278 | 6.8 | 50% |
| 2016 | 1,676,981 | 1,696,138 | −19,157 | 7.7 | 51% |
| 2017 | 1,955,929 | 1,917,881 | 38,048 | 7.0 | 52% |
| 2018 | 2,000,375 | 1,961,627 | 38,748 | 7.1 | 57% |
| 2019 | 2,115,549 | 2,129,442 | −13,893 | 6.5 | 49% |
| 2020 | 2,118,879 | 2,126,770 | −7,891 | 6.4 | 54% |
| 2021 | 2,446,043 | 2,161,757 | 284,286 | 7.9 | 60% |
| 2022 | 2,348,883 | 2,291,065 | 57,818 | 7.8 | 59% |
| 2023 | 2,612,800 | 2,561,196 | 51,604 | 7.2 | 57% |
In its most recent public year (2023), this organization brought in $51,604 more than it spent. Its reserves stood at about 7.2 months of spending, up from 3.8 in 2011. Staff pay was 57% of spending. $59,760 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Literacy Assistance Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works