Logos Tutoring Program

Analysis

Logos Tutoring Program is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in June 2022, 4 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, Logos Tutoring Program reported income of $77k and spending of $104k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to June 2023, income fell from $279k to $77k (-72%), an average of -72% a year. The sharpest change came in the year to June 2023, when income dropped by 72%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Logos Tutoring Program sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include California Planners Foundation ($77k), South Carolina Association of Student Councils ($77k) and Eleanor Roosevelt Elementary PTO ($77k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $85k (81% of expenses). At year end it held assets of $108k against liabilities of $0, net assets of $108k.