Read For Literacy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 279,623 | 269,496 | 10,127 | 22.7 | 74% |
| 2012 | 290,340 | 280,901 | 9,439 | 21.9 | 74% |
| 2013 | 310,296 | 302,921 | 7,375 | 20.4 | 63% |
| 2014 | 442,588 | 420,454 | 22,134 | 15.4 | 62% |
| 2015 | 479,445 | 468,676 | 10,769 | 13.8 | 57% |
| 2016 | 452,458 | 479,867 | −27,409 | 12.7 | 55% |
| 2017 | 420,319 | 436,505 | −16,186 | 14.3 | 57% |
| 2018 | 346,406 | 353,955 | −7,549 | 18.5 | 57% |
| 2019 | 390,377 | 335,753 | 54,624 | 21.2 | 53% |
| 2020 | 406,568 | 291,115 | 115,453 | 31.3 | 62% |
| 2021 | 305,437 | 257,746 | 47,691 | 40.1 | 66% |
| 2022 | 386,599 | 336,466 | 50,133 | 26.8 | 56% |
| 2023 | 414,912 | 415,793 | −881 | 22.5 | 46% |
In its most recent public year (2023), this organization spent $881 more than it brought in. Its reserves stood at about 22.5 months of spending. Staff pay was 46% 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
Read For Literacy 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