Fox Valley Literacy Council Inc

Analysis

Fox Valley Literacy Council Inc is a registered charity in United States, based in Appleton, WI. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Fox Valley Literacy Council Inc reported income of $521k and spending of $469k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $521k (+119%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fox Valley Literacy Council Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Spectrum for Living Endownment Inc ($521k), Institute for Positive Living ($521k) and Faith Hope & Love Outreach Center Inc ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $72k (15% of expenses). Other salaries and wages came to $233k. It paid $22k in professional fundraising fees. At year end it held assets of $1.0m against liabilities of $277k, net assets of $763k. It reported 11 employees.