Literacyworks
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 455,909 | 438,903 | 17,006 | 0.7 | 27% |
| 2012 | 424,371 | 420,565 | 3,806 | 0.8 | 29% |
| 2013 | 289,565 | 310,533 | −20,968 | 0.3 | 30% |
| 2014 | 399,065 | 323,337 | 75,728 | 3.1 | 27% |
| 2015 | 300,682 | 331,513 | −30,831 | 1.9 | 27% |
| 2016 | 353,345 | 336,266 | 17,079 | 2.5 | 30% |
| 2017 | 440,761 | 350,876 | 89,885 | 5.5 | 38% |
| 2018 | 238,800 | 396,943 | −158,143 | 0.1 | 38% |
| 2019 | 295,036 | 300,725 | −5,689 | -0.1 | 51% |
| 2020 | 343,096 | 299,324 | 43,772 | 1.6 | 57% |
| 2021 | 231,450 | 257,410 | −25,960 | 0.7 | 69% |
| 2022 | 455,136 | 286,133 | 169,003 | 7.7 | 57% |
| 2023 | 753,340 | 890,377 | −137,037 | 0.6 | 84% |
In its most recent public year (2023), this organization spent $137,037 more than it brought in. Its reserves stood at about 0.6 months of spending. Staff pay was 84% of spending. $29,582 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
Literacyworks'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