Ethos Literacy

Analysis

Ethos Literacy is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 2007, 19 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, Ethos Literacy reported income of $234k and spending of $234k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $149k to $234k (+57%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 105%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ethos Literacy sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NM. Charities of a similar size with the same main cause include Cold Spring School Foundation ($234k), Lyndhurst High School Band Association ($234k) and Parent Teacher Association of the High School of Math Science and ($234k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $136k. At year end it held assets of $85k against liabilities of $2,469, net assets of $83k. It reported 5 employees.