Read To A Child Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 83,574 | 160,971 | −77,397 | 10.0 | — |
| 2012 | 368,221 | 303,299 | 64,922 | 7.9 | 69% |
| 2013 | 955,953 | 752,601 | 203,352 | 6.4 | 67% |
| 2014 | 922,869 | 898,723 | 24,146 | 5.7 | 70% |
| 2015 | 1,070,520 | 972,057 | 98,463 | 6.5 | 75% |
| 2016 | 1,109,756 | 1,077,498 | 32,258 | 6.2 | 66% |
| 2017 | 1,159,698 | 1,198,115 | −38,417 | 5.2 | 74% |
| 2018 | 1,244,996 | 1,235,432 | 9,564 | 5.1 | 77% |
| 2019 | 1,328,725 | 1,339,178 | −10,453 | 4.6 | 79% |
| 2020 | 930,861 | 1,225,860 | −294,999 | 2.2 | 78% |
| 2021 | 1,403,928 | 1,146,503 | 257,425 | 5.0 | 77% |
| 2022 | 1,536,709 | 1,305,864 | 230,845 | 6.5 | 77% |
| 2023 | 1,665,524 | 1,474,391 | 191,133 | 7.3 | 75% |
In its most recent public year (2023), this organization brought in $191,133 more than it spent. Its reserves stood at about 7.3 months of spending, down from 10 in 2011. Staff pay was 75% of spending. $296,434 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Read To A Child Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works