Tom Green County Adult Literacy Council

Analysis

Tom Green County Adult Literacy Council is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in May 1988, 38 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, Tom Green County Adult Literacy Council reported income of $106k and spending of $110k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $113k to $106k (-6.2%), an average of -1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tom Green County Adult Literacy Council sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Jones Road Family Development Corporation ($106k), William Peace University Foundation ($106k) and Parent Booster USA Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $40k (36% of expenses). Other salaries and wages came to $14k. At year end it held assets of $245k against liabilities of $2,965, net assets of $243k. It reported 2 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.