Reading Quest
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 86,916 | 31,548 | 55,368 | 24.8 | — |
| 2018 | 195,820 | 133,471 | 62,349 | 11.5 | — |
| 2019 | 362,163 | 310,321 | 51,842 | 6.9 | 67% |
| 2020 | 420,096 | 414,787 | 5,309 | 5.3 | 70% |
| 2021 | 684,753 | 543,933 | 140,820 | 7.2 | 71% |
| 2022 | 695,381 | 724,369 | −28,988 | 4.9 | 72% |
| 2023 | 1,032,194 | 793,059 | 239,135 | 8.1 | 76% |
In its most recent public year (2023), this organization brought in $239,135 more than it spent. Its reserves stood at about 8.1 months of spending, down from 24.8 in 2017. Staff pay was 76% of spending. $11,775 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
Reading Quest'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