Literacy Volunteers on the Green

Analysis

Literacy Volunteers on the Green is a registered charity in United States, based in New Milford, CT. It received its IRS tax-exemption ruling in February 2009, 17 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, Literacy Volunteers on the Green reported income of $157k and spending of $137k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $157k (+4.5%), an average of +4.5% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy Volunteers on the Green sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Tradart Foundation ($157k), Shippensburg Area School District Foundation ($157k) and Admissionsquad Inc ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $334k against liabilities of $24k, net assets of $310k.