Reading Heart
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 97,605 | 92,115 | 5,490 | 0.7 | 0% |
| 2016 | 503,988 | 503,988 | 0 | 0.1 | 0% |
| 2017 | 568,827 | 568,827 | 0 | 0.3 | 0% |
| 2018 | 527,212 | 531,253 | −4,041 | 0.2 | 0% |
| 2019 | 551,103 | 540,966 | 10,137 | 11.2 | 0% |
| 2020 | 34,534 | 37,300 | −2,766 | 5.1 | 0% |
| 2021 | 193,576 | 173,576 | 20,000 | 2.5 | 0% |
| 2022 | 1,177,457 | 277,582 | 899,875 | 91.6 | 0% |
| 2023 | 1,345,765 | 347,560 | 998,205 | 90.0 | 0% |
In its most recent public year (2023), this organization brought in $998,205 more than it spent. Its reserves stood at about 90 months of spending, up from 0.7 in 2015. 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 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 Heart'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