Wilkes Literacy Inc

Analysis

Wilkes Literacy Inc is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in October 1992, 34 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 December 2023, Wilkes Literacy Inc reported income of $79k and spending of $72k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $79k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wilkes Literacy Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Little League Baseball Inc ($79k), Pet Pride of Alaska Incorporated ($79k) and Little League Baseball Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $66k against liabilities of $2,622, net assets of $64k.