Ozark Literacy Council Inc

Analysis

Ozark Literacy Council Inc is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in December 1991, 35 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, Ozark Literacy Council Inc reported income of $262k and spending of $258k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $233k to $262k (+12%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ozark Literacy Council Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within AR. Charities of a similar size with the same main cause include McGilvra PTA Seattle Council 6 15 237 ($262k), 4c Foundation Inc ($262k) and World Forum Foundation ($262k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $167k. At year end it held assets of $515k against liabilities of $158k, net assets of $358k. It reported 10 employees.