Literacy Council Of Norristown Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 158,748 | 138,791 | 19,957 | 7.9 | 70% |
| 2012 | 117,216 | 116,016 | 1,200 | 9.6 | 71% |
| 2013 | 134,633 | 123,061 | 11,572 | 10.2 | 75% |
| 2014 | 145,701 | 115,660 | 30,041 | 13.9 | 77% |
| 2015 | 124,047 | 122,384 | 1,663 | 13.3 | 78% |
| 2016 | 153,109 | 119,631 | 33,478 | 17.0 | 74% |
| 2017 | 129,422 | 113,420 | 16,002 | 19.6 | — |
| 2018 | 159,741 | 121,176 | 38,565 | 22.2 | — |
| 2019 | 153,575 | 121,827 | 31,748 | 25.2 | — |
| 2020 | 112,280 | 115,410 | −3,130 | 26.3 | — |
| 2021 | 171,761 | 87,799 | 83,962 | 46.0 | — |
| 2022 | 235,305 | 194,349 | 40,956 | 22.6 | 63% |
| 2023 | 454,397 | 333,946 | 120,451 | 17.8 | 50% |
In its most recent public year (2023), this organization brought in $120,451 more than it spent. Its reserves stood at about 17.8 months of spending, up from 7.9 in 2011. Staff pay was 50% of spending. $56,307 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 Council Of Norristown Inc'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