Literacy Volunteers Of Ontario-Yates Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 267,903 | 192,974 | 74,929 | 25.5 | 64% |
| 2012 | 177,813 | 214,200 | −36,387 | 20.9 | 60% |
| 2013 | 197,048 | 212,275 | −15,227 | 20.5 | 63% |
| 2014 | 240,650 | 210,671 | 29,979 | 22.4 | 62% |
| 2015 | 122,290 | 209,837 | −87,547 | 17.5 | 59% |
| 2016 | 229,224 | 223,054 | 6,170 | 16.0 | 54% |
| 2017 | 140,547 | 194,779 | −54,232 | 15.8 | 66% |
| 2018 | 129,414 | 161,587 | −32,173 | 17.4 | 63% |
| 2019 | 143,977 | 144,539 | −562 | 18.6 | 62% |
| 2020 | 140,046 | 141,632 | −1,586 | 17.6 | 66% |
| 2021 | 273,743 | 146,340 | 127,403 | 29.2 | 67% |
| 2022 | 232,154 | 161,813 | 70,341 | 28.8 | 66% |
| 2023 | 213,873 | 167,068 | 46,805 | 32.0 | 60% |
In its most recent public year (2023), this organization brought in $46,805 more than it spent. Its reserves stood at about 32 months of spending, up from 25.5 in 2011. Staff pay was 60% of spending.
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
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