Loudoun Literacy Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 150,448 | 139,545 | 10,903 | 6.8 | 60% |
| 2013 | 133,657 | 166,362 | −32,705 | 3.3 | 58% |
| 2014 | 188,562 | 187,596 | 966 | 3.0 | 50% |
| 2015 | 166,966 | 189,906 | −22,940 | 1.5 | 55% |
| 2016 | 212,327 | 196,569 | 15,758 | 2.4 | 55% |
| 2017 | 152,566 | 179,969 | −27,403 | 0.8 | 61% |
| 2018 | 190,715 | 133,418 | 57,297 | 6.2 | 60% |
| 2019 | 277,731 | 208,890 | 68,841 | 7.9 | 63% |
| 2020 | 339,845 | 306,540 | 33,305 | 6.7 | 56% |
| 2021 | 565,160 | 390,621 | 174,539 | 10.6 | 45% |
| 2022 | 525,006 | 517,830 | 7,176 | 8.2 | 52% |
| 2023 | 369,462 | 519,475 | −150,013 | 4.7 | 59% |
In its most recent public year (2023), this organization spent $150,013 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 6.8 in 2012. Staff pay was 59% of spending. $4,500 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
Loudoun 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