Literacy Volunteers of Coconino County

Analysis

Literacy Volunteers of Coconino County is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in December 2003, 23 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 Coconino County reported income of $176k and spending of $188k, spending 107% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $228k to $176k (-23%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 98% 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 Coconino County sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within AZ. Charities of a similar size with the same main cause include Fashion Foundation ($176k), Concours D Elegance of America ($176k) and Carbondale New School ($176k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.0% of the total. At year end it held assets of $229k against liabilities of $58k, net assets of $171k.