Literacy Center Inc
Attleboro, Massachusetts
B-Health Score
53B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$518K
Total Revenue
📊
$569K
Total Expenses
🏦
$1.5M
Net Assets
📋
$27K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-28.0%
Year-over-year change (2022 → 2023)
Net Margin
-9.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.57
Net assets divided by total expenses
Liabilities-to-Assets
1.8%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $517,861↓28% | $569,010↑3% | $1,490,815↑5% | |
| 2022 | $718,812↓13% | $551,883↓12% | $1,424,013↑6% | — |
| 2021 | $822,994↑28% | $627,190↑32% | $1,345,478↑15% | — |
| 2020 | $644,668↑37% | $474,072↑23% | $1,174,795↑26% | — |
| 2019 | $471,807↑27% | $386,450↑2% | $932,051↑12% | — |
| 2018 | $371,462↓7% | $377,398↑2% | $835,568↓1% | — |
| 2017 | $398,422↓33% | $371,373↑5% | $841,367↑7% | — |
| 2016 | $597,049↓1% | $353,800↑1% | $787,077↑48% | — |
| 2015 | $601,334↑71% | $350,028↑1% | $532,483↑87% | — |
| 2014 | $352,098↑3% | $346,618↑6% | $284,843↑3% | — |
| 2013 | $341,685↓1% | $327,444↓2% | $277,229↑8% | — |
| 2012 | $345,106 | $335,560 | $257,166 | — |
Frequently Asked Questions
What does Literacy Center Inc do?▼
Literacy Center Inc is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B92Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Literacy Center Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Literacy Center Inc.
How much revenue does Literacy Center Inc generate?▼
Literacy Center Inc reports $992K in annual revenue and holds $1.8M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Education category, or browse all nonprofits in Massachusetts.