Education
(B92Z)
IRS Verified
DX Registered
990 on File
THE LITERACY ALLIANCE INC
Financial strength (30%)
78/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Empowering people through literacy The Literacy Alliance strives to make a positive impact on the lives of our clients and, in turn, for all of us. Illiteracy is more than a personal struggle. Its effects can be felt throughout our entire community. The problems of illiteracy reach everyone. Low employment, increased crime rates, and low student test scores are just some of the problems illiteracy brings. Find out how you can help.
Financial Overview — FY 2024
$1.5M
Total Revenue
$1.2M
Total Expenses
$738K
Net Assets
34
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.1%
Fundraising Efficiency
336.6%
Operating Reserve
7.19x
Liability-to-Asset
18.7%
Revenue Diversification
94.2%
Executive Compensation
$90K
Compared with Peers
FY 2024
Compared with 7,551 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.1% | 84.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.6% | 12.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
336.6% | 57.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.2 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.7% | 18.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.2% | 89.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
93.8% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.5% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
18.1% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.5M | $1.2M | $738K | 81.1% | 34 |
| 2023 | $776K | $1.1M | $450K | 80.4% | 32 |
| 2022 | $746K | $958K | $767K | 77.4% | 19 |
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