South Texas Literacy Coalition
Analysis
South Texas Literacy Coalition is a registered charity in United States, based in Edinburg, TX. It received its IRS tax-exemption ruling in February 2010, 16 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, South Texas Literacy Coalition reported income of $105k and spending of $78k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $349k to $105k (-70%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 76% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, South Texas Literacy Coalition sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Education Foundation of Leland Public School Inc ($105k), Willow Parents and Faculty Association ($105k) and Russell Dougherty Parent Teacher Organization ($105k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 36% of the total. At year end it held assets of $36k against liabilities of $8,500, net assets of $27k.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 36%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Education Foundation of Leland Public School Inc | Leland | $105k |
| Willow Parents and Faculty Association | Napa | $105k |
| Russell Dougherty Parent Teacher Organization | Edmond | $105k |
| Grandparents Assocaiton of Edgarton Christian Academy a NJ Non Profit | Newfield | $105k |