Literacy Council of Benton County Inc

Analysis

Literacy Council of Benton County Inc is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in December 2024, 2 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 2022, Literacy Council of Benton County Inc reported income of $161k and spending of $143k, spending 89% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $182k to $161k (-12%), an average of -4.1% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy Council of Benton County Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AR. Charities of a similar size with the same main cause include St Barnabas Christian Preschool ($161k), Nicolaus Copernicus School of Polish Language ($161k) and Kansas Insurance Education Foundation ($161k).

On its Form 990-EZ for the period ending June 2022, revenue came from contributions and grants 97% of the total. At year end it held assets of $48k against liabilities of $6,410, net assets of $41k.