Literacy and Beyond Inc

Analysis

Literacy and Beyond Inc is a registered charity in United States, based in Port Huron, MI. It received its IRS tax-exemption ruling in January 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 and Beyond Inc reported income of $439k and spending of $424k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $443k to $439k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Literacy and Beyond Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Urbana Neighborhood Connections Center ($439k), Logosdor Inc ($440k) and Ketchmore Kids ($439k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $80k (19% of expenses). Other salaries and wages came to $166k. At year end it held assets of $677k against liabilities of $126k, net assets of $551k. It reported 19 employees.