990 Scout/ Literacy Connects/ Financials

Financial Information for Literacy Connects

Literacy Connects's annual revenue was $3.2M in tax year 2024, reported on their IRS Form 990. They spent $3.3M in total expenses. 74% went to programs and services.

Financial Breakdown

What is Literacy Connects's total annual expenses?

Literacy Connects spent $3.3M in tax year 2024, according to their IRS Form 990 filing.

How much of Literacy Connects's budget goes to programs?

Literacy Connects spent $2.5M (74% of expenses) on programs and services in tax year 2024.

How much does Literacy Connects spend on overhead?

Literacy Connects's overhead in tax year 2024 includes administrative (5%) and fundraising (21%) of their expenses.

What is Literacy Connects's net worth?

Literacy Connects had net assets of $4.3M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.