Slingerland Institute for Literacy

Analysis

Slingerland Institute for Literacy is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in March 1978, 48 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Slingerland Institute for Literacy reported income of $461k and spending of $285k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $247k to $461k (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Slingerland Institute for Literacy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Guilford Free Public Library Asso Inc ($461k), Little League Baseball Inc ($461k) and Toe River Arts Council Inc ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 74% of the total. Other salaries and wages came to $147k. At year end it held assets of $1.2m against liabilities of $73k, net assets of $1.1m.