Literacy Council of Southwestern Pa

Analysis

Literacy Council of Southwestern Pa is a registered charity in United States, based in Washington, PA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Literacy Council of Southwestern Pa reported income of $166k and spending of $231k, spending 139% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $211k to $166k (-21%), an average of -7.7% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Literacy Council of Southwestern Pa sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Cause for Paws of NC Inc ($166k), Star Foundation of Coastal Georgia Inc ($166k) and Paterson Restoration Corporation ($166k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $72k (31% of expenses). Other salaries and wages came to $62k. At year end it held assets of $401k against liabilities of $2,767, net assets of $398k. It reported 7 employees.