Champions For Literacy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 218,293 | 192,132 | 26,161 | 2.6 | 22% |
| 2016 | 203,451 | 227,465 | −24,014 | 0.9 | 27% |
| 2017 | 230,330 | 165,660 | 64,670 | 5.9 | 57% |
| 2018 | 406,766 | 382,777 | 23,989 | 3.3 | 26% |
| 2019 | 732,227 | 723,774 | 8,453 | 1.9 | 21% |
| 2020 | 766,070 | 823,909 | −57,839 | 0.8 | 25% |
| 2021 | 818,397 | 787,777 | 30,620 | 1.3 | 31% |
| 2022 | 880,992 | 867,234 | 13,758 | 1.4 | 30% |
| 2023 | 1,476,520 | 1,384,517 | 92,003 | 1.7 | 19% |
In its most recent public year (2023), this organization brought in $92,003 more than it spent. Its reserves stood at about 1.7 months of spending. Staff pay was 19% of spending. $82,367 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
Champions For Literacy'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