The Literacy Council of Lancaster- Lebanon Lva Inc

Analysis

The Literacy Council of Lancaster- Lebanon Lva Inc is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in May 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 June 2023, The Literacy Council of Lancaster- Lebanon Lva Inc reported income of $807k and spending of $1.1m, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $913k to $807k (-12%), an average of -4.0% a year. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Literacy Council of Lancaster- Lebanon Lva Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Texas City Independent School District Foundation for the Future ($807k), Open Law Library ($807k) and Rhode Island College Student Community Government Inc ($807k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $100k (9.2% of expenses). Other salaries and wages came to $578k. At year end it held assets of $1.7m against liabilities of $210k, net assets of $1.4m. It reported 19 employees.