Literacy Texas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 180,205 | 156,062 | 24,143 | 9.2 | — |
| 2012 | 83,408 | 109,122 | −25,714 | 10.4 | — |
| 2013 | 91,892 | 127,090 | −35,198 | 4.3 | — |
| 2014 | 130,321 | 104,023 | 26,298 | 8.3 | — |
| 2015 | 217,119 | 227,910 | −10,791 | 3.2 | 25% |
| 2016 | 402,186 | 362,083 | 40,103 | 3.4 | 34% |
| 2017 | 420,339 | 434,414 | −14,075 | 2.4 | 37% |
| 2018 | 466,240 | 431,016 | 35,224 | 3.4 | 27% |
| 2019 | 339,866 | 352,321 | −12,455 | 3.9 | 39% |
| 2020 | 373,622 | 338,895 | 34,727 | 5.3 | 39% |
| 2021 | 388,426 | 374,612 | 13,814 | 5.0 | 32% |
| 2022 | 406,051 | 423,373 | −17,322 | 3.9 | 21% |
| 2023 | 418,430 | 460,167 | −41,737 | 2.7 | 19% |
In its most recent public year (2023), this organization spent $41,737 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 9.2 in 2011. Staff pay was 19% 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 Texas'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