Ulster Literacy Association Inc

Analysis

Ulster Literacy Association Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in May 2002, 24 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 2024, Ulster Literacy Association Inc reported income of $293k and spending of $302k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $300k to $293k (-2.3%), an average of -0.6% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ulster Literacy Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Marion County Literacy Council Inc ($293k), Musketeer Athletic Boosters ($293k) and Wood County District Public Library Foundation ($293k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $68k (22% of expenses). Other salaries and wages came to $130k. At year end it held assets of $220k against liabilities of $12k, net assets of $208k. It reported 5 employees.