Mid-state Literacy Council Inc is a 501(c)(3) organization based in State College, Pennsylvania, registered in 1977, with $182,760 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$183K
▼ 28.8% vs prior year
Education median: $200K
Expenses (FY2024)
$216K
Net assets
$295K
Employees
—
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 Mid-state Literacy Council Inc— 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 Mid-state Literacy Council Inc: 16 mo reserves · -18% margin earns a C+ 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 Mid-state Literacy Council Inc— 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 Mid-state Literacy Council Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $230K (FY2019) to $183K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-18.3%
Spent more than it raised in the latest fiscal year.
Total assets
$332K
Total liabilities
$37K
Net assets
$295K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $182,760▼28.8% | $216,229▼12.2% | $295,182▼3.7% | $331,903▼8.9% | 990 |
| 2023 | $256,728▲11.9% | $246,262▼4.8% | $306,530▲11.3% | $364,139▲2.7% | 990 |
| 2022 | $229,408▼17.6% | $258,605▲10.5% | $275,483▼7.3% | $354,474▲16.7% | 990 |
| 2021 | $278,563▲22.4% | $234,097▲11.4% | $297,070▲6.8% | $303,653▼1.6% | 990 |
| 2020 | $227,528▼1.0% | $210,163▲4.4% | $278,284▲20.7% | $308,510▲19.8% | 990 |
| 2019 | $229,885 | $201,252 | $230,526 | $257,415 | 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.
3 grants to Mid-state Literacy Council Inc totaling $16K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2021 | $5,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $5,425 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $5,250 |
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Data for Mid-state Literacy Council Inc (EIN 25-1304265) 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.