I H M Center For Literacy and Ged Program is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1991, with $174,996 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$175K
▲ 13.0% vs prior year
Expenses (FY2024)
$165K
Net assets
$276K
Employees
—
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 →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 I H M Center For Literacy and Ged Program— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 I H M Center For Literacy and Ged Program: 20 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
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 I H M Center For Literacy and Ged Program— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 I H M Center For Literacy and Ged Program: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $132K (FY2013) to $175K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
5.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$292K
Total liabilities
$17K
Net assets
$276K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $174,996▲13.0% | $165,396▼13.7% | $275,555▲3.6% | $292,057▲4.3% | 990 |
| 2023 | $154,907▼31.9% | $191,651▲4.3% | $265,955▼12.1% | $279,979▼13.1% | 990 |
| 2022 | $227,308▲57.4% | $183,674▲58.2% | $302,699▲16.8% | $322,345▲15.8% | 990 |
| 2021 | $144,453▲16.6% | $116,086▲6.3% | $259,065▲12.3% | $278,444▲17.6% | 990 |
| 2020 | $123,904▼24.3% | $109,166▼15.5% | $230,698▲6.8% | $236,698▼2.0% | 990 |
| 2019 | $163,642▲29.6% | $129,131▼3.7% | $215,960▲5.1% | $241,596▲15.3% | 990 |
| 2018 | $126,257▼17.5% | $134,074▲11.3% | $205,456▼3.7% | $209,563▼2.2% | 990 |
| 2017 | $153,073▲16.6% | $120,421▼1.3% | $213,273▲18.1% | $214,278▲17.4% | 990 |
| 2016 | $131,301▲3.1% | $121,968▲0.6% | $180,621▲5.4% | $182,577▲5.1% | 990 |
| 2015 | $127,347▲34.6% | $121,251▲13.9% | $171,288▲3.7% | $173,767▲2.4% | 990 |
| 2014 | $94,579▼28.3% | $106,450▼10.2% | $165,192▼6.7% | $169,674▼7.6% | 990 |
| 2013 | $131,891 | $118,548▼16.0% | $177,063▲8.1% | $183,623▲12.2% | 990 |
| 2012 | — | $141,183▼19.1% | $163,720▼6.0% | $163,720▼6.0% | 990 |
| 2011 | — | $174,589▲23.3% | $174,230▼0.8% | $174,230▼0.8% | 990 |
| 2010 | — | $141,578 | $175,580 | $175,580 | 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.
Explore more
Data for I H M Center For Literacy and Ged Program (EIN 23-2642548) 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.