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Proliteracy Worldwide

RegisteredEIN 16-6076384Syracuse, NYEducation and training
Income$10.5m2023-06
Spending$11.3msame year
Spent / received97%5-year average
Size in its cause94th pctEducation and training
Exempt since1973Publicly supported organisat
Employees54latest return

Analysis

Proliteracy Worldwide is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in November 1973, 53 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 June 2023, Proliteracy Worldwide reported income of $10.5m and spending of $11.3m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.0m to $10.5m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 27%. 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, Proliteracy Worldwide sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Pipefitters Local Union No 537 Education Trust ($10.5m), Horizon Educational Services of Columbus Inc ($10.5m) and St Timothys School Inc ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $408k (3.6% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $18.1m against liabilities of $4.2m, net assets of $13.8m. It reported 54 employees.

Income and spending

$0$3.4m$6.7m$10.1m$13.4m2019 Income: $11,009,7422019 Spending: $10,062,91120192020 Income: $9,988,2022020 Spending: $10,587,63220202021 Income: $10,559,0482021 Spending: $10,055,48320212022 Income: $13,411,9842022 Spending: $11,781,10020222023 Income: $10,528,3802023 Spending: $11,347,1832023
IncomeSpending

Where the income comes from

  • Contributions & grants 22%
  • Program services 72%
  • Other 5.8%

Similar-sized charities, same cause

CharityLocationIncome
Pipefitters Local Union No 537 Education TrustDorchester$10.5m
Horizon Educational Services of Columbus IncColumbus$10.5m
St Timothys School IncRaleigh$10.5m
Legacy of Excellence IncNew Orleans$10.5m