Gary Literacy Coalition Inc

Analysis

Gary Literacy Coalition Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in December 2006, 20 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, Gary Literacy Coalition Inc reported income of $123k and spending of $161k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $123k (+109%), an average of +109% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 181% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gary Literacy Coalition Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include Ccim Greater Los Angeles Chapter ($123k), The Wilfredo Perez Jr Memorial Fund Inc ($123k) and Parent Booster USA Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $58k, net assets of -$58k.