Tri-State Literacy Council Inc

Analysis

Tri-State Literacy Council Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in December 1993, 33 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 2023, Tri-State Literacy Council Inc reported income of $68k and spending of $57k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $49k to $68k (+40%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri-State Literacy Council Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within WV. Charities of a similar size with the same main cause include Law Stroud Foundation Inc ($68k), Noble Co Committee for Recreational Development Inc ($68k) and Comunidad Lasc Cruces Inc ($68k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.