Carnegie Literacy Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 357,795 | 628,003 | −270,208 | 5.3 | 48% |
| 2012 | 673,220 | 746,860 | −73,640 | 4.9 | 38% |
| 2013 | 723,320 | 697,313 | 26,007 | 7.5 | 40% |
| 2014 | 719,062 | 701,889 | 17,173 | 9.4 | 40% |
| 2015 | 710,234 | 694,793 | 15,441 | 9.7 | 44% |
| 2016 | 782,495 | 761,861 | 20,634 | 9.2 | 47% |
| 2017 | 891,063 | 887,959 | 3,104 | 9.2 | 43% |
| 2018 | 893,163 | 991,980 | −98,817 | 8.2 | 44% |
| 2019 | 902,436 | 1,118,134 | −215,698 | 6.0 | 41% |
| 2020 | 954,631 | 1,084,040 | −129,409 | 5.7 | 49% |
| 2021 | 1,289,358 | 1,027,708 | 261,650 | 9.2 | 50% |
| 2022 | 1,222,449 | 1,157,778 | 64,671 | 9.7 | 51% |
| 2023 | 994,977 | 1,338,094 | −343,117 | 6.2 | 47% |
In its most recent public year (2023), this organization spent $343,117 more than it brought in. Its reserves stood at about 6.2 months of spending. Staff pay was 47% of spending. $174,753 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
Carnegie Literacy Center 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