Reading Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 459,550 | 431,266 | 28,284 | -4.0 | 0% |
| 2012 | 514,699 | 518,215 | −3,516 | -3.4 | 0% |
| 2013 | 456,463 | 416,238 | 40,225 | -3.1 | 0% |
| 2014 | 435,702 | 465,484 | −29,782 | -3.5 | 0% |
| 2015 | 622,441 | 538,023 | 84,418 | -1.2 | 0% |
| 2016 | 496,042 | 406,565 | 89,477 | 1.1 | 0% |
| 2017 | 330,147 | 314,245 | 15,902 | 2.0 | 0% |
| 2018 | 73,536 | 120,168 | −46,632 | 0.6 | 0% |
| 2019 | 92,526 | 76,033 | 16,493 | 3.5 | 0% |
| 2020 | 42,632 | 31,507 | 11,125 | 11.7 | 0% |
In its most recent public year (2020), this organization brought in $11,125 more than it spent. Its reserves stood at about 11.7 months of spending, up from -4 in 2011. 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 2020. 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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