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New York · Nonprofit

LITERACY TRUST INC

LITERACY TRUST INC (New York) receives grants from 11 organizations whose IRS filings report $6,455,156 to it, the largest being BENEDICT SILVERMAN FOUNDATION ($5,880,300). 7 of them have funded it in more than one year.

$41k
Revenue FY2025
11
Funders on record
$6.5M
Grants received
$0
Net assets
7/11 repeat funderspeak grant-dependency 85%

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($1.7M) Expenses 100 ($1.8M) Net assets 100 ($1.1M)2019 Revenue 121 ($2.1M) Expenses 110 ($2.0M) Net assets 106 ($1.1M)2020 Revenue 142 ($2.4M) Expenses 134 ($2.5M) Net assets 101 ($1.1M)2021 Revenue 268 ($4.6M) Expenses 154 ($2.8M) Net assets 289 ($3.0M)2022 Revenue 104 ($1.8M) Expenses 178 ($3.3M) Net assets 167 ($1.8M)2023 Revenue 92 ($1.6M) Expenses 111 ($2.0M) Net assets 130 ($1.4M)2024 Revenue 54 ($923k) Expenses 94 ($1.7M) Net assets 8 ($80k)2025 Revenue 2 ($41k) Expenses 22 ($395k) Net assets 0 ($0)
'18'19'20'21'22'23'24'25
Revenue (2)Expenses (22)Net assets (0)

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 30% · 2019 27% · 2020 21% · 2021 18% · 2022 54% · 2023 63% · 2024 52% · 2025 98%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

$110k
18
$64k
19
$12k
20
$1.8M
21
$1.5M
22
$450k
23
$794k
24
$354k
25
0.8
months of
reserve
02Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 4 funders, grant income fell $790k → $60k.

2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF)0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LITERACY TRUST INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LITERACY TRUST INC leans on a few funders — its largest provides 91% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

91%
largest funder
98%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 98% · 2021 85% · 2022 70% · 2023 63%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of LITERACY TRUST INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

99% of LITERACY TRUST INC's grant income comes from New York funders.

ME
NY
CA
MO
MD
DC

In-state vs out-of-state, by year

18
19
20
21
22
23
New York out of state home

Funder states come from each funder’s own filing. $11k arriving through sponsors registered in 2 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 11 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like LITERACY TRUST INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

58% of spending goes to programs.

Program 58%Management 27%Fundraising 15%

Governance

7
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

53%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for LITERACY TRUST INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LITERACY TRUST INC?
LITERACY TRUST INC (New York) receives grants from 11 organizations whose IRS filings report $6,455,156 to it, the largest being BENEDICT SILVERMAN FOUNDATION ($5,880,300). 7 of them have funded it in more than one year.
How many funders does LITERACY TRUST INC have?
IRS filings report 11 organizations giving $6,455,156 in grants to LITERACY TRUST INC, 7 of which have funded it in more than one year.
Who is the largest funder of LITERACY TRUST INC?
BENEDICT SILVERMAN FOUNDATION is the largest funder on record, with $5,880,300 in grants. The full list of funders is on this page.
How can an organization like LITERACY TRUST INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 11funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing