Write Out Loud

Analysis

Write Out Loud is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Write Out Loud reported income of $190k and spending of $256k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $209k to $190k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Write Out Loud sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include New Orleans Rotary Fund Inc ($190k), The Junior Service League of Maryville ($191k) and Cannon County Senior Citizens Center ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 8.5% of the total. Other salaries and wages came to $72k. At year end it held assets of $53k against liabilities of $0, net assets of $53k. It reported 47 employees.