Mid-Valley Literacy Center

Analysis

Mid-Valley Literacy Center is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in December 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 June 2024, Mid-Valley Literacy Center reported income of $181k and spending of $160k, spending 88% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $203k to $181k (-10%), an average of -3.6% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mid-Valley Literacy Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OR. Charities of a similar size with the same main cause include Worcester Polytechnic Institute Alumni Association ($181k), Erie Charter School Foundation ($181k) and Sakamoto Dental Seminars Inc ($181k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 41% of the total. At year end it held assets of $95k against liabilities of $6,832, net assets of $89k.