Learn to Read of St Lucie County Inc

Analysis

Learn to Read of St Lucie County Inc is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in February 1985, 41 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, Learn to Read of St Lucie County Inc reported income of $101k and spending of $100k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $108k to $101k (-6.5%), an average of -6.5% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Learn to Read of St Lucie County Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Peck Memorial Library Association Inc ($101k), Honor Flight of Oregon ($101k) and Mari Sandoz Heritage Society ($101k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.