Montgomery Coalition for Adultenglish Literacy Inc

Analysis

Montgomery Coalition for Adultenglish Literacy Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in March 2008, 18 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, Montgomery Coalition for Adultenglish Literacy Inc reported income of $2.3m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.3m (+20%), an average of +4.8% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montgomery Coalition for Adultenglish Literacy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MD. Charities of a similar size with the same main cause include Business-Higher Education Forum ($2.3m), Indian Cultural Organization ($2.3m) and Educational Foundation of Lake County Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $152k (6.6% of expenses). Other salaries and wages came to $474k. At year end it held assets of $611k against liabilities of $172k, net assets of $439k. It reported 10 employees.