Learn to Read of St Johns County Inc

Analysis

Learn to Read of St Johns County Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in July 1990, 36 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 December 2023, Learn to Read of St Johns County Inc reported income of $118k and spending of $134k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $126k to $118k (-6.9%), an average of -1.8% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Learn to Read of St Johns County Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Proyecto Itzaes ($118k), National Institute on Developmental Delays Inc ($118k) and Sunset Elementary PTA Bellevue Council 2 3 95 ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $55k (41% of expenses). Other salaries and wages came to $27k. At year end it held assets of $95k against liabilities of $7,930, net assets of $87k. It reported 2 employees.