Portage County Literacy Council Inc

Analysis

Portage County Literacy Council Inc is a registered charity in United States, based in Stevens Point, WI. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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 December 2023, Portage County Literacy Council Inc reported income of $58k and spending of $49k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $58k (-14%), an average of -14% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Portage County Literacy Council Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within WI. Charities of a similar size with the same main cause include Penny & Wild Smalls of South Florida ($58k), Pure Love Ministry International Inc ($58k) and Arkansas Veterinary Medical Foundation ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $149k against liabilities of $907, net assets of $148k.