Literacy For Life
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 415,604 | 395,523 | 20,081 | 8.6 | 48% |
| 2013 | 543,932 | 411,356 | 132,576 | 13.2 | 62% |
| 2014 | 617,515 | 497,832 | 119,683 | 13.8 | 59% |
| 2015 | 558,588 | 533,399 | 25,189 | 13.4 | 62% |
| 2016 | 628,860 | 621,498 | 7,362 | 11.6 | 12% |
| 2017 | 816,700 | 729,570 | 87,130 | 11.4 | 11% |
| 2018 | 742,334 | 709,918 | 32,416 | 12.2 | 12% |
| 2019 | 991,303 | 829,875 | 161,428 | 12.1 | 11% |
| 2020 | 765,640 | 785,029 | −19,389 | 12.2 | 62% |
| 2021 | 1,015,435 | 644,220 | 371,215 | 21.5 | 62% |
| 2022 | 895,456 | 812,122 | 83,334 | 18.9 | 64% |
| 2023 | 893,304 | 841,342 | 51,962 | 19.4 | 68% |
| 2024 | 1,168,916 | 1,065,232 | 103,684 | 16.9 | 69% |
In its most recent public year (2024), this organization brought in $103,684 more than it spent. Its reserves stood at about 16.9 months of spending, up from 8.6 in 2012. 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
Literacy For Life's IRS filings as a feed — one entry per filing year, through 2024. 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