Laos Literacy Project Inc

Analysis

Laos Literacy Project Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in October 2009, 17 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 June 2024, Laos Literacy Project Inc reported income of $159k and spending of $112k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $72k to $159k (+120%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 141%. Over the whole period it spent 80% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Laos Literacy Project Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within NM. Charities of a similar size with the same main cause include American Friends of the New Economic School Inc ($159k), Caribbean Resource Center ($159k) and Centro Santa Catalina ($159k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.