Literacy Council of Western Arkansas Inc

Analysis

Literacy Council of Western Arkansas Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in July 1990, 36 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, Literacy Council of Western Arkansas Inc reported income of $94k and spending of $112k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $75k to $94k (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2020, when income rose by 59%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Literacy Council of Western Arkansas Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within AR. Charities of a similar size with the same main cause include Icare of Northeast Kansas Inc ($94k), Trinity Episcopal School Expansion and Excellence Fund ($94k) and The Christian Overcomers ($94k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $55k. At year end it held assets of $100k against liabilities of $19k, net assets of $81k. It reported 3 employees.