Overview

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Est.

1998

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

LITERACY TRUST INC is an education-focused nonprofit that works to leverage what already exists in school communities to increase educational capacity and create more fluent, motivated readers. In filing year 2025, it reported an operating budget of $336.8K and total revenue of $40.8K, with top funders including BENEDICT SILVERMAN FOUNDATION, Leon Lowenstein Foundation Inc, and THE STATEN ISLAND FOUNDATION.

Mission Statement

TO LEVERAGE WHAT ALREADY EXISTS IN SCHOOL COMMUNITIES TO INCREASE EDUCATIONAL CAPACITY TO CREATE MORE FLUENT, MOTIVATED.
Revenues
$922.8K
Expenses
$1.7M
Net Income:
-$794.5K
Assets
$530.9K
Liabilities
$451.3K
Net Assets:
+$79.6K
Operating Budget
$1.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$8.1K
Largest grant received
$37.5K
E
Erica Doherty
Board Member
N
Nada Bseikri
Board Member
C
Christina Tettonis
Board Member
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  • 11 funders
  • 27 board & team members
  • 10 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is LITERACY TRUST INC’s budget?
In 2024, LITERACY TRUST INC reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does LITERACY TRUST INC support?
LITERACY TRUST INC supports work in Education.
Where does LITERACY TRUST INC operate?
LITERACY TRUST INC is headquartered in NEW YORK, NY.
Who funded LITERACY TRUST INC recently?
In 2023, LITERACY TRUST INC received grants from THE STATEN ISLAND FOUNDATION, TD CHARITABLE FOUNDATION, and THE MORRISON & FOERSTER FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LITERACY TRUST INC received in 2023?
The largest grant to LITERACY TRUST INC in 2023 exceeds $38 thousand.
What is LITERACY TRUST INC’s reliance on government grants?
LITERACY TRUST INC relied on government grants for more than 50% of their total revenue in 2024.