Ardmore Family Literacy Inc

Analysis

Ardmore Family Literacy Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ardmore Family Literacy Inc reported income of $150k and spending of $170k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $150k (-6.5%), an average of -6.5% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ardmore Family Literacy Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OK. Charities of a similar size with the same main cause include Together for Georgias Children Foundation Inc ($150k), Washington Helps Its People Whip ($150k) and Counter Trafficking Group ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $14k against liabilities of $1,677, net assets of $13k.