East Texas Literacy Council
Analysis
East Texas Literacy Council is a registered charity in United States, based in Longview, TX. It received its IRS tax-exemption ruling in September 1988, 38 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 December 2023, East Texas Literacy Council reported income of $255k and spending of $249k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $287k to $255k (-11%), an average of -2.9% a year. Over the whole period it spent 96% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Texas Literacy Council sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Handel Choir of Baltimore Inc ($255k), Global Equip Inc ($255k) and Old Bohemia Historical Society Inc ($255k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 1.0% of the total. Other salaries and wages came to $168k. At year end it held assets of $191k against liabilities of $33, net assets of $191k. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 1.0%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Handel Choir of Baltimore Inc | Baltimore | $255k |
| Global Equip Inc | Broken Arrow | $255k |
| Old Bohemia Historical Society Inc | Warwick | $255k |
| Cocolalla Lake Bible Conference Association | Cocolalla | $255k |