Reading Scholarship Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 172,306 | 140,026 | 32,280 | 177.8 | 0% |
| 2013 | 158,239 | 143,113 | 15,126 | 186.5 | 0% |
| 2014 | 318,768 | 143,166 | 175,602 | 204.5 | 0% |
| 2015 | 487,151 | 195,182 | 291,969 | 142.5 | 0% |
| 2016 | 169,657 | 180,362 | −10,705 | 164.9 | 0% |
| 2017 | 470,281 | 214,808 | 255,473 | 165.6 | 0% |
| 2018 | 398,940 | 200,498 | 198,442 | 196.7 | 0% |
| 2019 | 216,529 | 208,851 | 7,678 | 193.0 | 0% |
| 2020 | 241,214 | 192,358 | 48,856 | 227.2 | 0% |
| 2021 | 389,619 | 208,809 | 180,810 | 242.7 | 0% |
| 2022 | 1,564,306 | 204,424 | 1,359,882 | 201.4 | 0% |
| 2023 | 244,240 | 228,751 | 15,489 | 198.1 | 0% |
In its most recent public year (2023), this organization brought in $15,489 more than it spent. Its reserves stood at about 198.1 months of spending, up from 177.8 in 2012. Staff pay was 0% of spending.
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
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