The Literacy Project Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 315,737 | 193,846 | 121,891 | 14.9 | 39% |
| 2012 | 308,636 | 288,755 | 19,881 | 10.5 | 34% |
| 2014 | 449,457 | 271,754 | 177,703 | 22.0 | 43% |
| 2015 | 408,418 | 356,806 | 51,612 | 18.5 | 43% |
| 2016 | 315,637 | 379,715 | −64,078 | 15.3 | 46% |
| 2017 | 181,637 | 326,448 | −144,811 | 12.5 | 38% |
| 2018 | 267,542 | 266,968 | 574 | 15.3 | 30% |
| 2019 | 233,628 | 275,392 | −41,764 | 13.1 | 32% |
| 2020 | 245,924 | 224,375 | 21,549 | 17.9 | 37% |
| 2021 | 267,570 | 156,346 | 111,224 | 34.2 | 0% |
| 2022 | 481,937 | 220,847 | 261,090 | 38.4 | 2% |
| 2023 | 329,159 | 291,901 | 37,258 | 30.6 | 3% |
In its most recent public year (2023), this organization brought in $37,258 more than it spent. Its reserves stood at about 30.6 months of spending, up from 14.9 in 2011. Staff pay was 3% 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
The Literacy Project Foundation'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