Uplift Literacy Inc
Analysis
Uplift Literacy Inc is a registered charity in United States, based in Palmetto Bay, FL. It received its IRS tax-exemption ruling in March 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, Uplift Literacy Inc reported income of $249k and spending of $226k, spending 91% of its income. Across the 3 years on record, from December 2022 to June 2024, income grew from $57k to $249k (+336%), an average of +109% a year. The sharpest change came in the year to June 2024, when income rose by 376%. Over the whole period it spent 77% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Uplift Literacy Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Northeast Iowa Montessori School Inc ($249k), Briarwood Scholarship Foundation ($249k) and Middleburgh Library Assoc ($249k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $48k (21% of expenses). Other salaries and wages came to $101k. It paid $600 in professional fundraising fees. At year end it held assets of $88k against liabilities of $5,671, net assets of $83k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 65%
- Program services 34%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northeast Iowa Montessori School Inc | Decorah | $249k |
| Briarwood Scholarship Foundation | Deerfield | $249k |
| Middleburgh Library Assoc | Middleburgh | $249k |
| Norwin School District Communityfoundation | N Huntingdon | $249k |