Greenville Literacy Association Inc

Analysis

Greenville Literacy Association Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 1974, 52 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 2023, Greenville Literacy Association Inc reported income of $837k and spending of $791k, spending 94% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $775k to $837k (+8.0%), an average of +1.6% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greenville Literacy Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Little Bulgarian School in Chicago ($837k), Iowa City Public Library Friends Foundation ($837k) and Arcadia PTO Inc ($837k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $99k (13% of expenses). Other salaries and wages came to $348k. At year end it held assets of $1.6m against liabilities of $69k, net assets of $1.5m. It reported 17 employees.