Winnebago Area Literacy Council

Analysis

Winnebago Area Literacy Council is a registered charity in United States, based in Oshkosh, WI. It received its IRS tax-exemption ruling in December 1994, 32 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, Winnebago Area Literacy Council reported income of $740k and spending of $470k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $740k (+191%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 222%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winnebago Area Literacy Council 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 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Sprout MN ($740k), Domestic Violence Services Inc ($740k) and Marthas Vineyard Playhouse Inc ($740k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $74k (16% of expenses). Other salaries and wages came to $216k. At year end it held assets of $801k against liabilities of $1,984, net assets of $799k. It reported 6 employees.