Twin Lakes Literacy Council

Analysis

Twin Lakes Literacy Council is a registered charity in United States, based in Mountain Home, AR. It received its IRS tax-exemption ruling in July 1998, 28 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 2024, Twin Lakes Literacy Council reported income of $115k and spending of $81k, leaving 29% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $66k to $115k (+75%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Twin Lakes Literacy Council 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 39th percentile within AR. Charities of a similar size with the same main cause include Gearbox Labs Inc ($115k), Paul Dostie Kare Foundation Inc ($115k) and Walden School Inc ($115k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $173k against liabilities of $3,058, net assets of $170k.