Literacy Volunteers of Santa Fe

Analysis

Literacy Volunteers of Santa Fe is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 2010, 16 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 2024, Literacy Volunteers of Santa Fe reported income of $185k and spending of $197k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $138k to $185k (+34%), an average of +34% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 92% 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 Santa Fe sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NM. Charities of a similar size with the same main cause include Earth Spirit Education Services Inc ($185k), Glaukos Charitable Foundation ($185k) and Estill County Athletic Foundation for Excellence Inc ($185k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 1.0% of the total. At year end it held assets of $364k against liabilities of $61k, net assets of $302k.