Financial Information for Virginia Literacy Foundation

Virginia Literacy Foundation's annual revenue was $1.7M in tax year 2024, reported on their IRS Form 990. They spent $690K in total expenses. 90% went to programs and services.

Financial Breakdown

What is Virginia Literacy Foundation's total annual expenses?

Virginia Literacy Foundation spent $690K in tax year 2024, according to their IRS Form 990 filing.

How much of Virginia Literacy Foundation's budget goes to programs?

Virginia Literacy Foundation spent $621K (90% of expenses) on programs and services in tax year 2024.

How much does Virginia Literacy Foundation spend on overhead?

Virginia Literacy Foundation's overhead in tax year 2024 includes administrative (8%) and fundraising (2%) of their expenses.

What is Virginia Literacy Foundation's net worth?

Virginia Literacy Foundation had net assets of $1.9M 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.