Literacy For Life
Williamsburg, Virginia
A-Health Score
79A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org1.41×
Peer Median20.77×
💰
$1.2M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$1.5M
Net Assets
📋
$30K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+30.9%
Year-over-year change (2023 → 2024)
Net Margin
+8.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.41
Net assets divided by total expenses
Liabilities-to-Assets
1.9%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,168,916↑31% | $1,065,232↑27% | $1,534,220↑12% | — |
| 2023 | $893,304 | $841,342↑4% | $1,367,739↑5% | — |
| 2022 | $895,456↓12% | $812,122↑26% | $1,303,508↑5% | — |
| 2021 | $1,015,435↑33% | $644,220↓18% | $1,243,247↑41% | — |
| 2020 | $765,640↓23% | $785,029↓5% | $878,748↑5% | — |
| 2019 | $991,303↑34% | $829,875↑17% | $835,108↑16% | — |
| 2018 | $742,334↓9% | $709,918↓3% | $722,565↑4% | — |
| 2017 | $816,700↑30% | $729,570↑17% | $694,186↑15% | — |
| 2016 | $628,860↑13% | $621,498↑17% | $603,608↓2% | — |
| 2015 | $558,588↓10% | $533,399↑7% | $615,773↑7% | — |
| 2014 | $617,515↑14% | $497,832↑21% | $573,856↑25% | — |
| 2013 | $543,932↑31% | $411,356↑4% | $457,886↑49% | — |
| 2012 | $415,604 | $395,523 | $307,783 | — |
Frequently Asked Questions
What does Literacy For Life do?▼
Literacy For Life is a education nonprofit organization based in Virginia. It is classified under NTEE code B61Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Literacy For Life financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Literacy For Life.
How much revenue does Literacy For Life generate?▼
Literacy For Life reports $1.2M in annual revenue and holds $1.5M in total assets, based on IRS filings.