Literacy Green Bay Inc

Analysis

Literacy Green Bay Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in September 1983, 43 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 2023, Literacy Green Bay Inc reported income of $895k and spending of $825k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $448k to $895k (+100%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy Green Bay Inc 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 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Ottawa Hills Schools Foundation ($894k), United Christian Academy ($895k) and New England Morgan Horse Association Inc ($894k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $62k (7.5% of expenses). Other salaries and wages came to $455k. At year end it held assets of $1.4m against liabilities of $375k, net assets of $1.0m. It reported 40 employees.