The Consumption Literacy Project
Analysis
The Consumption Literacy Project is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, The Consumption Literacy Project reported income of $294k and spending of $273k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $202k to $294k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 94% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Consumption Literacy Project sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Happystars Youth Program Inc ($294k), Sophie Gerson Heathly Youth ($294k) and Amos Foundation ($294k).
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 $43k (16% of expenses). At year end it held assets of $28k against liabilities of $0, net assets of $28k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Happystars Youth Program Inc | Odessa | $294k |
| Sophie Gerson Heathly Youth | New York | $294k |
| Amos Foundation | Fairburn | $294k |
| Goal Line Ministries Inc | Thomasville | $294k |