Ozarks Literacy Council

Analysis

Ozarks Literacy Council is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in April 1979, 47 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, Ozarks Literacy Council reported income of $135k and spending of $154k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $135k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ozarks Literacy Council sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within MO. Charities of a similar size with the same main cause include St Cloud Standdown Inc ($135k), American Institute of Graphic Arts ($135k) and Friends of Roseville Park ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $128k against liabilities of $6,499, net assets of $122k.