Reading For Life Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,000 | 525 | 475 | 10.9 | — |
| 2016 | 0 | 118 | −118 | 36.3 | — |
| 2017 | 0 | 168 | −168 | 13.5 | — |
| 2018 | 10,000 | 183 | 9,817 | 656.1 | — |
| 2020 | 25,602 | 326 | 25,276 | 1658.2 | — |
| 2021 | 438 | 351 | 87 | 1543.0 | — |
| 2022 | 6,683 | 649 | 6,034 | 946.1 | — |
| 2023 | 4,220 | 384 | 3,836 | 1718.9 | — |
In its most recent public year (2023), this organization brought in $3,836 more than it spent. Its reserves stood at about 1718.9 months of spending, up from 10.9 in 2015.
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
Reading For Life Foundation'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