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DEMOGRAPHIC

ADDRESS
6255 TOWNCENTER DR STE 16
27012
COUNTY
forsyth county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

LITERACY FOUNDATION is a based in CLEMMONS, NC, focused on Educational Institutions and Related Activities causes , specifically Adult, Continuing Education. Established in May 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $542.00, this ranks 769,523 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 19,892 out of 80,207 organizations in NC (Top 25%).

In forsyth county, NC, the organization ranks 972 out of 3,233 nonprofits by assets (Top 30%), while locally in clemmons, it stands at 51 among 181 organizations (Top 26%).

The organization reported annual revenue of $10,796.00, ranking 586,807 nationally (Top 23%) and 16,338 in NC (Top 21%).

Within its specific NTEE classification (B60 - B: Educational Institutions and Related Activities), which includes 6,384 similar organizations, LITERACY FOUNDATION ranks 1,900 in assets (Top 30%) and 1,646 in revenue (Top 26%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B60: Adult, Continuing Education
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$10,796.00
FORM 990 REVENUE AMOUNT
$10,796.00
RULING DATE
05/2024
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$542.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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