Guanacaste Literacy

Analysis

Guanacaste Literacy is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Guanacaste Literacy reported income of $105k and spending of $102k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $105k (-12%), an average of -12% a year. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Guanacaste Literacy sits at the 35th percentile: it is larger than about 35% 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 Worldhope Corps Inc ($105k), American Australian Education Leadership Foundation Inc ($105k) and Ntsenth Lotha International Ministries Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.8% of the total. At year end it held assets of $20k against liabilities of $1,238, net assets of $19k.