Literacy and Evangelism Inc

Analysis

Literacy and Evangelism Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 1967, 59 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, Literacy and Evangelism Inc reported income of $862k and spending of $899k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $879k to $862k (-1.9%), an average of -0.5% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy and Evangelism Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Conversations on the Green Inc ($862k), Center for Science Teaching & Learning Inc ($862k) and Sing Out and Read Inc ($862k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $84k (9.4% of expenses). Other salaries and wages came to $50k. At year end it held assets of $762k against liabilities of $501, net assets of $762k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.