Whatcom Literacy Council

Analysis

Whatcom Literacy Council is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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, Whatcom Literacy Council reported income of $231k and spending of $246k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $256k to $231k (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income dropped by 45%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Whatcom Literacy Council sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Piatt Lake Bible Conference Association ($231k), World S Attic Inc NP ($231k) and Manchester Housing for the Elderly ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $93k (38% of expenses). Other salaries and wages came to $107k. At year end it held assets of $731k against liabilities of $6,231, net assets of $725k. It reported 11 employees.