Education
(B92Z)
990 on File
CARNEGIE LITERACY CENTER INC
Financial strength (30%)
92/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.2M
Total Revenue
$1.4M
Total Expenses
$567K
Net Assets
24
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.8%
Fundraising Efficiency
N/A
Operating Reserve
4.88x
Liability-to-Asset
10.1%
Revenue Diversification
77.0%
Executive Compensation
$102K
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
|
78.8% | 84.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.6% | 12.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.9 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
10.1% | 18.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.0% | 89.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
18.3% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.2% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-18.5% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.2M | $1.4M | $567K | 78.8% | 24 |
| 2023 | $995K | $1.3M | $690K | 79.5% | 21 |
| 2022 | $1.2M | $1.2M | N/A | — | 17 |
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