Valencia County Literacy Council

Analysis

Valencia County Literacy Council is a registered charity in United States, based in Tome, NM. It received its IRS tax-exemption ruling in February 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 2024, Valencia County Literacy Council reported income of $106k and spending of $93k, spending 88% of its income. Across the 3 years on record, from June 2020 to June 2024, income grew from $55k to $106k (+91%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 94%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valencia County Literacy Council sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within NM. Charities of a similar size with the same main cause include Van Allen Parents Club ($106k), Little Miami Local School District Early Childhood Center PTO ($106k) and Little Pioneers Inc ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $51k against liabilities of $558, net assets of $50k.