LITERACY INC

NEW YORK, NY, 10034-1611 (212) 620-5462 Est. 1996 EIN 13-3911331
B92— Education Form 990 501(c)(3)
WWW.LINCNYC.ORG

Mission

LITERACY INC. EQUIPS CHILDREN WITH FOUNDATIONAL LITERACY SKILLS ESSENTIAL FOR ACADEMIC ACHIEVEMENT BY EMPOWERING FAMILIES AND MOBILIZING THE COMMUNITY.

Financials

Total Revenue
$5,091,797
Total Expenses
$5,155,894
Net Assets
$5,979,927
57 employees 26 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
13.9 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 24.2%
Expenses ↑ 15.1%
Revenue Sources
Contributions 98.6% Other 1.0%
Expense Breakdown
Program 82.2% Management 8.3% Fundraising 9.4%

Officers & Key Employees (31)

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Grants Received (58)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2022 Form 990$5,091,797 $5,155,894$5,979,927
2022 Form 990$5,091,797 $5,155,894$5,979,927
2021 Form 990$6,716,163 $4,480,628$6,017,570
2020 Form 990$3,899,705 $3,549,655$3,810,489
2019 Form 990$4,141,149 $3,597,713$3,460,990
2017 Form 990$3,684,440 $3,105,566$2,413,399

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EIN: 13-3911331 · Source: IRS Form 990 e-file data