CSCharityScored
42

Literacy Center Of West Michigan

Education · Grand Rapids, Michigan

207 Fulton Street E Suite 400, Grand Rapids, MI 49503-3278

EIN: 382725232· Founded: Apr 1988· 38 years active· Filing Year: 2023

Annual Revenue

$2.6M

Total Expenses

$1.8M

Total Assets

$1.7M

Program Spending

10%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$118K

6.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.0M

Total Payroll

$1.1M

63% of total expenses

Where the Money Goes

10%
Programs: 10%
Payroll: 63%
Other overhead: 90%
Program Revenue$180K (7%)
Total Expenses$1.8M (71%)
Payroll$1.1M (63%)
Overhead (non-program)90%

Trust Score Breakdown

Program Spending Ratio

10% of expenses go to programs

40%

Revenue & Stability

$2.6M annual revenue

15%

Executive Compensation

$118K total officer comp (6.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.7M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.