Literacy Outreach
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 161,348 | 100,768 | 60,580 | 8.0 | — |
| 2012 | 105,986 | 130,197 | −24,211 | 3.9 | — |
| 2013 | 205,845 | 133,884 | 71,961 | 10.3 | 63% |
| 2014 | 217,701 | 148,093 | 69,608 | 14.9 | 65% |
| 2015 | 62,312 | 197,185 | −134,873 | 3.0 | — |
| 2016 | 212,228 | 200,557 | 11,671 | 3.2 | 52% |
| 2017 | 189,330 | 186,914 | 2,416 | 3.6 | 57% |
| 2018 | 202,414 | 200,826 | 1,588 | 3.4 | 52% |
| 2019 | 538,704 | 218,623 | 320,081 | 20.7 | 54% |
| 2020 | 398,168 | 264,949 | 133,219 | 23.1 | 57% |
| 2021 | 187,039 | 291,398 | −104,359 | 16.8 | 51% |
| 2022 | 353,767 | 271,462 | 82,305 | 21.2 | 52% |
| 2023 | 402,176 | 259,888 | 142,288 | 29.2 | 53% |
In its most recent public year (2023), this organization brought in $142,288 more than it spent. Its reserves stood at about 29.2 months of spending, up from 8 in 2011. Staff pay was 53% of spending. $1,145 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 Outreach'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