Literary Guild of St Simons Island Inc

Analysis

Literary Guild of St Simons Island Inc is a registered charity in United States, based in St Simons Is, GA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Literary Guild of St Simons Island Inc reported income of $54k and spending of $71k, spending 130% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $59k to $54k (-8.4%), an average of -4.3% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literary Guild of St Simons Island Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Heritage Elementary School Parent Teacher Organization ($54k), Avon Lake High School Band AIDS Inc ($54k) and Go Forward Education Foundation Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.