Augustine Literacy Project-charlotte
Only null% goes to programs Strong reserves Growing revenue
Augustine Literacy Project-charlotte is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 2019, with $2,482,412 in FY2024 revenue. CharityIndex grades it B.
115 W 7th St, Charlotte, NC, 28202 EIN 83-0822641 Since 2019
Revenue (FY2024)
$2.5M
▲ 48.6% vs prior year
Education median: $200K
Expenses (FY2024)
$2.3M
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Augustine Literacy Project-charlotte— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating7 mo reserves · +9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Augustine Literacy Project-charlotte: 7 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Augustine Literacy Project-charlotte— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Augustine Literacy Project-charlotte: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 115 W 7th St, Charlotte, NC, 28202
- City
- Charlotte
- State
- North Carolina
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue grew from $599K (FY2018) to $2.5M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $16KNet assets $1.3M
Operating margin
9.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$16K
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,482,412▲48.6% | $2,257,991▲22.0% | $1,328,206▲26.4% | $1,343,912▲26.8% | 990 |
| 2023 | $1,670,649▲17.8% | $1,850,800▲29.7% | $1,050,787▼11.4% | $1,059,753▼12.1% | 990 |
| 2022 | $1,418,445▼10.9% | $1,426,726▲6.5% | $1,186,613▲1.8% | $1,205,923▲2.8% | 990 |
| 2021 | $1,592,243▲36.5% | $1,340,018▲47.0% | $1,165,605▲21.6% | $1,172,884▲21.2% | 990 |
| 2020 | $1,166,120▲67.8% | $911,481▲44.5% | $958,455▲36.2% | $967,824▲37.4% | 990 |
| 2019 | $694,912▲16.1% | $630,592▲40.7% | $703,816▲10.1% | $704,482▲9.5% | 990 |
| 2018 | $598,563 | $448,106 | $639,496 | $643,248 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $2.0M total
42 grants to Augustine Literacy Project-charlotte totaling $2.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $143,500 |
| National Christian Charitable Foundation | Community development | 2024 | $114,500 |
| Presbyterian Hospital | Community outreach | 2024 | $100,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,500 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $5,004 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Donor Advised Charitable Giving | Education | 2023 | $97,300 |
| Foundation For the Carolinas | Charitable gift | 2023 | $83,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $81,050 |
| National Philanthropic Tr | Education | 2023 | $36,145 |
| National Christian Charitable Foundation | Growth | 2023 | $27,000 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $7,500 |
| American Online Giving Foundation Inc | General support | 2023 | $6,535 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $6,000 |
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Frequently asked questions
- Is Augustine Literacy Project-charlotte a legitimate nonprofit?
- Yes. Augustine Literacy Project-charlotte is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-0822641, based in Charlotte, North Carolina. Donations are tax-deductible.
- What is Augustine Literacy Project-charlotte's EIN?
- Augustine Literacy Project-charlotte's Employer Identification Number (EIN) is 83-0822641.
- How much revenue does Augustine Literacy Project-charlotte report?
- Augustine Literacy Project-charlotte reported $2,482,412 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Augustine Literacy Project-charlotte have?
- CharityIndex grades Augustine Literacy Project-charlotte B, based on financial health (reserves and operating margin).
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Data for Augustine Literacy Project-charlotte (EIN 83-0822641) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.