Linked2literacy

Analysis

Linked2literacy is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Linked2literacy reported income of $167k and spending of $45k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $9,070 to $167k (+1745%), an average of +1745% a year. The sharpest change came in the year to December 2023, when income rose by 1745%. Over the whole period it spent 30% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Linked2literacy sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NE. Charities of a similar size with the same main cause include Project Elf Inc ($167k), Native Daughters of the Golden West Home ($167k) and Community Servants Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.