LITERACY TRUST INC

LITERACY TRUST INC

NEW YORK, NY, US
501(c)(3)
EIN
59-3551080

LITERACY TRUST INC

NEW YORK, NY, US
501(c)(3)
EIN
59-3551080

Overview

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Est.

1998

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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Literacy Trust Inc, a nonprofit organization with an EIN of 59-3551080, is dedicated to enhancing educational capacity within school communities to foster fluency and motivation among students. With an operating budget of $2 million and total revenue of $1.6 million for the 2023 fiscal year, the organization is supported by multiple funders, none of whom contribute 50% or more of its revenue. More information can be found on their website at www.literacytrust.org.

Mission Statement

TO LEVERAGE WHAT ALREADY EXISTS IN SCHOOL COMMUNITIES TO INCREASE EDUCATIONAL CAPACITY TO CREATE MORE FLUENT, MOTIVATED.
Revenues

$1.6M

Expenses

$2M

Net Income:
-$450.4K
Assets

$1.5M

Liabilities

$100.3K

Net Assets:
+$1.4M
Operating Budget

$2M

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
S
Sumeet Chugani
Board Member
C
Cathleen Collins
Board Member

Frequently Asked Questions

What is LITERACY TRUST INC’s budget?
In 2023, LITERACY TRUST INC reported an annual operating budget of around $2 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 60% of their total revenue in 2023.
Overview
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