Worldreader Org
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 196,682 | 204,512 | −7,830 | -0.5 | 21% |
| 2011 | 1,093,525 | 682,829 | 410,696 | 6.4 | 3% |
| 2012 | 3,652,008 | 2,766,710 | 885,298 | 5.7 | 8% |
| 2013 | 3,382,569 | 3,773,343 | −390,774 | 3.0 | 13% |
| 2014 | 5,911,546 | 3,756,115 | 2,155,431 | 9.8 | 24% |
| 2015 | 12,089,141 | 7,815,459 | 4,273,682 | 11.3 | 17% |
| 2016 | 8,790,332 | 8,755,075 | 35,257 | 10.1 | 22% |
| 2017 | 8,941,372 | 8,934,887 | 6,485 | 9.9 | 24% |
| 2018 | 10,852,787 | 9,583,535 | 1,269,252 | 9.9 | 25% |
| 2019 | 8,514,245 | 8,173,147 | 341,098 | 12.1 | 24% |
| 2020 | 7,223,000 | 6,807,811 | 415,189 | 15.2 | 20% |
| 2021 | 9,017,027 | 6,825,866 | 2,191,161 | 19.1 | 26% |
| 2022 | 6,797,738 | 7,661,348 | −863,610 | 15.6 | 32% |
| 2023 | 5,008,152 | 8,432,593 | −3,424,441 | 9.3 | 33% |
In its most recent public year (2023), this organization spent $3,424,441 more than it brought in. Its reserves stood at about 9.3 months of spending, up from -0.5 in 2010. Staff pay was 33% of spending. $4,672,902 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
Worldreader Org'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