Marion County Literacy Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 163,550 | 144,274 | 19,276 | 63.5 | 49% |
| 2021 | 194,644 | 117,251 | 77,393 | 84.4 | 38% |
| 2022 | 238,391 | 148,158 | 90,233 | 74.1 | 51% |
| 2023 | 269,840 | 190,428 | 79,412 | 62.6 | 50% |
| 2024 | 293,097 | 225,233 | 67,864 | 56.6 | 46% |
In its most recent public year (2024), this organization brought in $67,864 more than it spent. Its reserves stood at about 56.6 months of spending, down from 63.5 in 2020. Staff pay was 46% 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
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