Childrens Literacy Project

Analysis

Childrens Literacy Project is a registered charity in United States, based in Lake Oswego, OR. It received its IRS tax-exemption ruling in January 2015, 11 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 December 2023, Childrens Literacy Project reported income of $1.9m and spending of $2.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $1.9m (+487%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 215%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Literacy Project sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Montessori Childrens House of the West Coast ($1.9m), Asian Legacy Library US Inc ($1.9m) and Piney Grove Boys Academy Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $166k (8.0% of expenses). Other salaries and wages came to $4,000. At year end it held assets of $321k against liabilities of $0, net assets of $321k. It reported 2 employees.