Literacy Volunteers Of Illinois Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 708,516 | 690,803 | 17,713 | 1.8 | 75% |
| 2012 | 742,051 | 755,985 | −13,934 | 1.4 | 76% |
| 2013 | 934,339 | 929,841 | 4,498 | 1.2 | 74% |
| 2014 | 860,326 | 858,508 | 1,818 | 1.4 | 78% |
| 2015 | 803,521 | 774,848 | 28,673 | 1.9 | 76% |
| 2016 | 694,243 | 712,567 | −18,324 | 1.8 | 79% |
| 2017 | 794,211 | 738,827 | 55,384 | 2.6 | 79% |
| 2018 | 984,557 | 885,415 | 99,142 | 3.5 | 81% |
| 2019 | 1,136,626 | 1,074,778 | 61,848 | 3.6 | 81% |
| 2020 | 959,348 | 973,490 | −14,142 | 3.8 | 79% |
| 2021 | 937,758 | 851,253 | 86,505 | 9.1 | 78% |
| 2022 | 474,258 | 590,769 | −116,511 | 10.8 | 77% |
| 2023 | 493,976 | 560,029 | −66,053 | 9.9 | 66% |
| 2024 | 701,318 | 734,765 | −33,447 | 7.0 | 69% |
In its most recent public year (2024), this organization spent $33,447 more than it brought in. Its reserves stood at about 7 months of spending, up from 1.8 in 2011. Staff pay was 69% 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 2024. 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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