San Diego Council on Literacy

Analysis

San Diego Council on Literacy is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, San Diego Council on Literacy reported income of $513k and spending of $566k, spending 110% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $284k to $513k (+81%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 352%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, San Diego Council on Literacy sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Quality of Life Inc ($513k), Kupas Chaim Levi Inc ($513k) and Seena Magowitz Foundation Inc ($513k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $87k (15% of expenses). Other salaries and wages came to $58k. At year end it held assets of $122k against liabilities of $21k, net assets of $101k. It reported 5 employees.