Literacy Volunteers of Chautauqua County Inc

Analysis

Literacy Volunteers of Chautauqua County Inc is a registered charity in United States, based in Fredonia, NY. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Literacy Volunteers of Chautauqua County Inc reported income of $180k and spending of $208k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $82k to $180k (+120%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy Volunteers of Chautauqua County Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Santa Rosa Technology Magnet School PTO ($180k), Washington Free Public Library Foundation ($180k) and National Society of Black Certified Public Accountants Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $117k. At year end it held assets of $83k against liabilities of $3,402, net assets of $79k. It reported 3 employees.