Literacy Volunteers at Centenary

Analysis

Literacy Volunteers at Centenary is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in February 2004, 22 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, Literacy Volunteers at Centenary reported income of $78k and spending of $89k, spending 114% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $78k (+11%), an average of +11% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy Volunteers at Centenary sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within LA. Charities of a similar size with the same main cause include Milan Booster Club ($78k), Valley Falls Free Library ($78k) and North Harrison Band Boosters Inc ($78k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $64k (73% of expenses). At year end it held assets of $83k against liabilities of $0, net assets of $83k. It reported 3 employees.