Anne Arundel County Literacy Council Inc

Analysis

Anne Arundel County Literacy Council Inc is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in September 1987, 39 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 May 2023, Anne Arundel County Literacy Council Inc reported income of $94k and spending of $84k, spending 90% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $112k to $94k (-17%), an average of -16% a year. The sharpest change came in the year to May 2023, when income dropped by 17%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Anne Arundel County Literacy Council Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include Champion Impact Capital ($94k), Issue Management Council ($94k) and Festival of Bands - U S a ($94k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k.