Literacy Volunteers of America- Bitterroot Inc

Analysis

Literacy Volunteers of America- Bitterroot Inc is a registered charity in United States, based in Hamilton, MT. It received its IRS tax-exemption ruling in May 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 2023, Literacy Volunteers of America- Bitterroot Inc reported income of $114k and spending of $122k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $57k to $114k (+102%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 464%. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Literacy Volunteers of America- Bitterroot Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within MT. Charities of a similar size with the same main cause include Telugu Association of San Antonio ($114k), Norwich Nursery School Inc ($114k) and DC Summer STEM Academy Inc ($114k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $65k (53% of expenses). Other salaries and wages came to $20k. At year end it held assets of $277k against liabilities of $0, net assets of $277k. It reported 8 employees.