Literacy Partners Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,619,512 | 2,283,057 | 336,455 | 37.4 | 55% |
| 2012 | 2,924,843 | 3,022,425 | −97,582 | 26.7 | 58% |
| 2013 | 2,935,854 | 2,930,664 | 5,190 | 28.3 | 57% |
| 2014 | 2,308,798 | 2,254,406 | 54,392 | 38.3 | 56% |
| 2015 | 1,962,951 | 1,717,808 | 245,143 | 49.1 | 49% |
| 2016 | 1,586,725 | 2,082,822 | −496,097 | 35.8 | 50% |
| 2017 | 2,189,098 | 2,411,788 | −222,690 | 31.8 | 41% |
| 2018 | 3,173,499 | 2,950,768 | 222,731 | 26.3 | 38% |
| 2019 | 1,800,568 | 2,563,909 | −763,341 | 25.9 | 41% |
| 2020 | 5,503,854 | 2,445,108 | 3,058,746 | 43.2 | 48% |
| 2021 | 2,656,004 | 2,491,732 | 164,272 | 47.4 | 50% |
| 2022 | 4,128,478 | 3,483,759 | 644,719 | 31.9 | 52% |
| 2023 | 2,999,625 | 4,494,233 | −1,494,608 | 21.9 | 55% |
In its most recent public year (2023), this organization spent $1,494,608 more than it brought in. Its reserves stood at about 21.9 months of spending, down from 37.4 in 2011. Staff pay was 55% of spending. $5,069,775 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
Literacy Partners Inc'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