Literacy Chippewa Valley

Analysis

Literacy Chippewa Valley is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in April 2004, 22 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 Chippewa Valley reported income of $263k and spending of $293k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $207k to $263k (+27%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy Chippewa Valley sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Yeshivas Hagram Soloveitchik Inc ($263k), Peachtown Elementary School ($263k) and Young Engineers in Action ($263k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $43k (15% of expenses). Other salaries and wages came to $131k. At year end it held assets of $293k against liabilities of $14k, net assets of $279k. It reported 7 employees.