Literacy Council Of Central Alabama
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 386,269 | 437,948 | −51,679 | 15.4 | 67% |
| 2012 | 414,557 | 432,004 | −17,447 | 15.2 | 68% |
| 2013 | 460,972 | 495,080 | −34,108 | 12.9 | 64% |
| 2014 | 988,187 | 533,524 | 454,663 | 22.2 | 61% |
| 2015 | 593,279 | 656,807 | −63,528 | 16.5 | 58% |
| 2016 | 664,144 | 648,299 | 15,845 | 17.2 | 59% |
| 2017 | 717,359 | 671,353 | 46,006 | 17.7 | 60% |
| 2018 | 740,867 | 717,631 | 23,236 | 13.3 | 59% |
| 2019 | 788,747 | 770,069 | 18,678 | 12.8 | 61% |
| 2020 | 866,078 | 785,774 | 80,304 | 14.1 | 65% |
| 2021 | 893,469 | 842,775 | 50,694 | 14.0 | 66% |
| 2022 | 878,287 | 974,446 | −96,159 | 10.1 | 63% |
| 2023 | 744,356 | 837,317 | −92,961 | 5.2 | 65% |
In its most recent public year (2023), this organization spent $92,961 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 15.4 in 2011. Staff pay was 65% 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 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 Council Of Central Alabama'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