One Billion Literates Foundation USA

Analysis

One Billion Literates Foundation USA is a registered charity in United States, based in Chestnut Hill, MA. It received its IRS tax-exemption ruling in August 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 December 2023, One Billion Literates Foundation USA reported income of $74k and spending of $56k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $117k to $74k (-37%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 56%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, One Billion Literates Foundation USA sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Christopher Whitehouse Foundation Inc ($74k), Information Systems and Computing Academic Professionals Inc ($74k) and Interreligious Food Consortium ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.