Skyline Literacy

Analysis

Skyline Literacy is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in July 1991, 35 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 June 2024, Skyline Literacy reported income of $343k and spending of $318k, spending 93% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $346k to $343k (-0.8%), an average of -0.3% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Skyline Literacy sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Wesleyan Covenant Association Group 6328 ($343k), San Gabriel Valley Training Center Residential Facility Charitable TR ($343k) and Amateur Athletic Union of the United States Inc ($343k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 3.6% of the total. Other salaries and wages came to $163k. At year end it held assets of $331k against liabilities of $96k, net assets of $235k. It reported 7 employees.