Literacy Lab
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 594,673 | 440,340 | 154,333 | 4.3 | 30% |
| 2012 | 722,964 | 506,723 | 216,241 | 11.0 | 50% |
| 2013 | 1,105,729 | 979,486 | 126,243 | 7.2 | 63% |
| 2014 | 1,829,136 | 1,576,251 | 252,885 | 7.2 | 68% |
| 2015 | 3,286,526 | 2,643,564 | 642,962 | 7.2 | 67% |
| 2016 | 2,444,439 | 2,364,226 | 80,213 | 8.5 | 67% |
| 2017 | 8,432,619 | 7,091,877 | 1,340,742 | 5.1 | 67% |
| 2018 | 10,108,100 | 8,552,481 | 1,555,619 | 6.4 | 66% |
| 2019 | 11,440,043 | 10,995,468 | 444,575 | 5.5 | 65% |
| 2020 | 14,774,311 | 12,397,020 | 2,377,291 | 7.1 | 73% |
| 2021 | 13,815,869 | 12,412,233 | 1,403,636 | 8.5 | 73% |
| 2022 | 29,239,466 | 15,285,961 | 13,953,505 | 17.9 | 73% |
| 2023 | 16,501,198 | 19,665,413 | −3,164,215 | 11.9 | 70% |
In its most recent public year (2023), this organization spent $3,164,215 more than it brought in. Its reserves stood at about 11.9 months of spending, up from 4.3 in 2011. Staff pay was 70% of spending. $3,163,750 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 Lab'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