Family Literacy Centers Inc

Analysis

Family Literacy Centers Inc is a registered charity in United States, based in Orem, UT. It received its IRS tax-exemption ruling in July 1995, 31 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, Family Literacy Centers Inc reported income of $1.3m and spending of $1.5m, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $918k to $1.3m (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 55%. 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, Family Literacy Centers Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within UT. Charities of a similar size with the same main cause include Two Rivers Classical Academy ($1.3m), United Christian School ($1.3m) and Agape School of Baton Rouge Inc ($1.3m).

Other salaries and wages came to $805k. At year end it held assets of $661k against liabilities of $4,775, net assets of $656k. It reported 3 employees.