Early Literacy Ambassadors

Analysis

Early Literacy Ambassadors is a registered charity in United States, based in Cowan, TN. It received its IRS tax-exemption ruling in July 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 2024, Early Literacy Ambassadors reported income of $89k and spending of $46k, leaving 48% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $50 to $89k (+177064%), an average of +4109% a year. The sharpest change came in the year to June 2023, when income rose by 48694%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Early Literacy Ambassadors sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within TN. Charities of a similar size with the same main cause include Red Cottage Montessori School ($89k), Zitek Family Tonys Refrigeration Foundation ($89k) and Alpha Kappa Educational Foundation ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 49% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.