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Blue Ridge Literacy

RegisteredEIN 54-1377063Roanoke, VAEducation and training
Income$381k2024-06
Spending$260ksame year
Spent / received71%4-year average
Size in its cause64th pctEducation and training
Exempt since2004Publicly supported organisat
Employees12latest return

Analysis

Blue Ridge Literacy is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in March 2004, 22 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 2024, Blue Ridge Literacy reported income of $381k and spending of $260k, leaving 32% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $207k to $381k (+84%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Ridge Literacy sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Camden Public Library Fund ($381k), Landmark Charities ($381k) and Friends of Chesterton Academy of Detroit ($381k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $57k (22% of expenses). Other salaries and wages came to $155k. At year end it held assets of $480k against liabilities of $3,129, net assets of $476k. It reported 12 employees.

Income and spending

$0$95k$190k$286k$381k2020 Income: $206,6922020 Spending: $169,26120202022 Income: $313,7812022 Spending: $189,80720222023 Income: $305,0552023 Spending: $237,16420232024 Income: $380,6962024 Spending: $259,5752024
IncomeSpending

Where the income comes from

  • Contributions & grants 72%
  • Program services 26%
  • Other 2.1%

Similar-sized charities, same cause

CharityLocationIncome
Camden Public Library FundCamden$381k
Landmark CharitiesHouston$381k
Friends of Chesterton Academy of DetroitClinton TWP$381k
Vardaman Street Christian Academy IncWiggins$381k