Palm Beach County Literacy Coalition Foundation Inc

Analysis

Palm Beach County Literacy Coalition Foundation Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Palm Beach County Literacy Coalition Foundation Inc reported income of $53k and spending of $12k, leaving 77% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $12k to $53k (+356%), an average of +46% a year. The sharpest change came in the year to June 2021, when income rose by 8102%. Over the whole period it spent 2.7% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palm Beach County Literacy Coalition Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Ryan Football Alumni Association ($53k), Ptsa Connecticut Inc ($53k) and Panther North PTO ($53k).

At year end it held assets of $2.1m against liabilities of $1,775, net assets of $2.1m.