International Literacy Association Mississippi Literacy Association
Analysis
International Literacy Association Mississippi Literacy Association is a registered charity in United States, based in Clarksdale, MS. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, International Literacy Association Mississippi Literacy Association reported income of $262k and spending of $240k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $194k to $262k (+35%), an average of +35% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, International Literacy Association Mississippi Literacy Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MS. Charities of a similar size with the same main cause include Rockville Centerville Steam Gas Historical Association ($262k), Amherst Nursery School Inc ($262k) and 4c Foundation Inc ($262k).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rockville Centerville Steam Gas Historical Association | Richmond | $262k |
| Amherst Nursery School Inc | Amherst | $262k |
| 4c Foundation Inc | Albany | $262k |
| Friends of Outdoor School | Portland | $262k |