Kalamazoo Literacy Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 99,527 | 75,051 | 24,476 | 10.9 | — |
| 2012 | 122,887 | 99,278 | 23,609 | 7.9 | — |
| 2013 | 163,666 | 123,562 | 40,104 | 19.1 | — |
| 2014 | 215,630 | 191,301 | 24,329 | 9.3 | 36% |
| 2015 | 181,348 | 179,663 | 1,685 | 9.2 | 39% |
| 2016 | 242,444 | 204,089 | 38,355 | 10.8 | 39% |
| 2017 | 225,789 | 210,887 | 14,902 | 9.9 | 40% |
| 2018 | 297,616 | 278,547 | 19,069 | 8.0 | 37% |
| 2019 | 395,444 | 348,891 | 46,553 | 8.5 | 40% |
| 2020 | 504,602 | 421,945 | 82,657 | 9.8 | 56% |
| 2021 | 856,187 | 844,658 | 11,529 | 5.3 | 34% |
| 2022 | 802,319 | 724,742 | 77,577 | 6.9 | 47% |
| 2023 | 909,516 | 868,123 | 41,393 | 6.6 | 53% |
In its most recent public year (2023), this organization brought in $41,393 more than it spent. Its reserves stood at about 6.6 months of spending, down from 10.9 in 2011. Staff pay was 53% 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
Kalamazoo Literacy Council'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