Hastings Literacy Program Inc

Analysis

Hastings Literacy Program Inc is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in August 1995, 31 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, Hastings Literacy Program Inc reported income of $92k and spending of $81k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $99k to $92k (-7.8%), an average of -7.8% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hastings Literacy Program Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within NE. Charities of a similar size with the same main cause include East Bakersfield High School Booster Association ($92k), Friends of Thorp ($92k) and Parent Booster USA Inc ($92k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $208k against liabilities of $890, net assets of $207k.