Adult Literacy League Inc

Analysis

Adult Literacy League Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in July 1983, 43 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, Adult Literacy League Inc reported income of $583k and spending of $539k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $526k to $583k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adult Literacy League Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Recreational Fisheries Research Institute Inc ($583k), Moon Township Public Library ($583k) and Peoria Christian School ($583k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $92k (17% of expenses). Other salaries and wages came to $261k. At year end it held assets of $760k against liabilities of $46k, net assets of $715k. It reported 11 employees.