Nonprofit screen
Screen a listThe Literary Classics of the US Inc D/B/A Library of America
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$6.2Mrevenue
FY2025 · −8% in 3 yrs21staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−2.3%
Months of reserve5.4mo
Revenue growth (annualized)+0.4%
Middle half of peersMedianLiterary Classics of the US Inc D/B/A Library of America
Where the money goes FY2025 · $6.3M spent
Programs$4.4M69%Management and general$1.3M20%Fundraising$695k11%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$125k in FY2023, −$574k in FY2024 and −$142k in FY2025. Cash covers 5.4 months, above the peer median of 3.8.
990 Part I and balance sheetIn its favor1
Strong governance
17 of 18 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI75funders
$1.2Ma year, last 3 years
26%from its largest funder
Funder’17’18’19’20’21’22’23The Sidney J Weinberg Jr FoundationSince FY2020$200k$500k$150k$250kThe Melanie and Matthew McLennan FoundationSince FY2020$167k$167k$150k$150kThe Kathy and Al Gordon FundStopped after FY2019$55k$150k$401k–The Giorgi Family FoundationStopped after FY2021$96k$90k$265k–Susan and Elihu Rose Foundation IncStopped after FY2022$120k$120k$100k$20k–The Andrew W Mellon FoundationOn and off$296kDonor-advised giftsDonors not disclosed$18k$114k$147k$174k$60k$627k54 other fundersUp to $150k a year each$30k$173k$348k$196k$276k$244k$341k
FundedThrough a donor-advised fundStopped