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Filing year 2023

LITERACY TRUST INC

New York, New York·EIN 59-3551080·NTEE B116 · Education·3
Total revenue
$923k
Total assets
$531k
Total expenses
$1.7M
Reported officers
9
Mission

LITERACY TRUST LEVERAGES WHAT EXISTS TO BUILD EDUCATIONAL CAPACITY IN SCHOOLS TO CREATE FLUENT, MOTIVATED, SELF-CONFIDENT READERS.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in New York.

Executive Director
Median to 75th percentile
$156k
$176k
Base
$121k
Bonus
$32k
Other
Benefits
Finance Director
25th percentile to median
$111k
$124k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LITERACY TRUST INC equaled 9% of the organization's total expenses. The median for education organizations is 6%.

This organization (2023)
9%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 7%
from 2022

From $147k in 2022 to $156k in 2023.

$147k
2022
$156k
2023
In today's dollarsEst.
Up 3% in real terms$171k to $176k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue fell 42%.

$147k in 2022 to $156k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LITERACY TRUST INC

What does the Chief Executive Officer of LITERACY TRUST INC earn?

In 2023, the Chief Executive Officer of LITERACY TRUST INC received $156,414 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LITERACY TRUST INC compare with similar nonprofits?

Compared with the same role at Education organizations in New York, the 2023 pay of the Chief Executive Officer at LITERACY TRUST INC falls between the median and the 75th percentile. In 2023, the highest total compensation at LITERACY TRUST INC equaled 9% of the organization's total expenses. The median for education organizations is 6%.

What are LITERACY TRUST INC's revenue and expenses?

In 2023, LITERACY TRUST INC reported $923k in total revenue and $1.7M in total expenses on its IRS Form 990.

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