Literacy United
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 56,207 | 45,820 | 10,387 | 3.8 | — |
| 2014 | 100,193 | 78,513 | 21,680 | 5.6 | — |
| 2015 | 92,807 | 110,766 | −17,959 | 2.0 | — |
| 2016 | 94,220 | 81,950 | 12,270 | 4.5 | — |
| 2017 | 91,256 | 112,770 | −21,514 | 1.0 | — |
| 2018 | 113,863 | 85,496 | 28,367 | 5.3 | — |
| 2019 | 160,681 | 154,201 | 6,480 | 3.4 | — |
| 2020 | 261,058 | 183,322 | 77,736 | 8.0 | 0% |
| 2021 | 496,356 | 430,624 | 65,732 | 5.2 | 0% |
| 2022 | 627,597 | 506,608 | 120,989 | 7.3 | 1% |
| 2023 | 641,165 | 603,842 | 37,323 | 6.9 | 1% |
In its most recent public year (2023), this organization brought in $37,323 more than it spent. Its reserves stood at about 6.9 months of spending, up from 3.8 in 2013. Staff pay was 1% 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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