BEducationEIN: 223180555· Ruling Year: 1992

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
YearRevenueExpensesAssets
2023$517,86128%$569,0103%$1,490,8155%
2022$718,81213%$551,88312%$1,424,0136%
2021$822,99428%$627,19032%$1,345,47815%
2020$644,66837%$474,07223%$1,174,79526%
2019$471,80727%$386,4502%$932,05112%
2018$371,4627%$377,3982%$835,5681%
2017$398,42233%$371,3735%$841,3677%
2016$597,0491%$353,8001%$787,07748%
2015$601,33471%$350,0281%$532,48387%
2014$352,0983%$346,6186%$284,8433%
2013$341,6851%$327,4442%$277,2298%
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 $693K in annual revenue and holds $1.6M in total assets, based on IRS filings.

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