Oakland Literacy Coalition
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 997,460 | 286,110 | 711,350 | 29.8 | 55% |
| 2018 | 95,584 | 372,678 | −277,094 | 14.0 | 55% |
| 2019 | 590,616 | 436,303 | 154,313 | 16.2 | 58% |
| 2020 | 353,382 | 493,083 | −139,701 | 10.9 | 63% |
| 2021 | 415,058 | 511,876 | −96,818 | 8.3 | 65% |
| 2022 | 1,367,279 | 868,014 | 499,265 | 11.8 | 59% |
| 2023 | 852,991 | 985,708 | −132,717 | 8.8 | 57% |
In its most recent public year (2023), this organization spent $132,717 more than it brought in. Its reserves stood at about 8.8 months of spending, down from 29.8 in 2017. Staff pay was 57% of spending. $50,000 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
Oakland Literacy Coalition'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